Arab Today, arab today qatar exports 76mt of lng in 2011
Last Updated : GMT 11:39:24
Arab Today, arab today
Arab Today, arab today

Qatar exports 76mt of LNG in 2011

Arab Today, arab today

Arab Today, arab today Qatar exports 76mt of LNG in 2011

Doha - Arabstoday

Qatar’s LNG boom has been phenomenal, according to a report from QNB Group. Through the 1990s and 2000s Qatar invested heavily in LNG production, with exports beginning in late 1996. Ten years later, Qatar was the world’s largest exporter and in 2011 it exported 76 million tonnes (mt) of LNG, accounting for 31 per cent of the global market.. In 2011, 47 per cent of Qatar’s LNG exports went to the Asia Pacific region and 42 per cent to Europe. Asia has been the primary export destination for some time, and received an even larger share in 2007 of 79 per cent. This region is characterised by a shortage of hydrocarbon resources combined with rapidly rising demand for gas-fired power generation. The largest Asian destinations in 2011 were Japan (12mt), India (10mt) and South Korea (8mt). Europe’s share of Qatar’s LNG exports has increased significantly, mainly as the UK has had to replace declining gas production from its North Sea fields. The UK was the single largest importer of Qatari LNG in 2011. It has long-term sales and production agreements (SPAs) with Qatar for a total of 12m tonnes per year and in 2011 purchased a further 4m tonnes of Qatari LNG on the spot market. Other countries in Europe have also increased imports from Qatar to lower dependence on Russian supplies, and to reduce carbon emissions by using more, relatively clean, natural gas. Notably, this has led to increasing exports to Italy (6.1mt in 2011), Spain (4.8mt) and France (3.2mt). Belgium imported 6.1mt in 2011, up from 2.8mt in 2007, some of which was re-exported through recently-expanded storage facilities at Zeebrugge port, designed to support the development of an LNG spot market. According to QNB Group, Qatar is diversifying its LNG export destinations. In 2007, Qatar exported to eight different countries and in 2011 it exported to 23 different countries. In 2011, export destinations included the Middle East (UAE and Kuwait) and South America (Argentina, Brazil and Chile). Exports to Argentina are set to rise after the signing of an SPA for 5mt per year starting in 2014. A new long-term SPA with Thailand is reported to have been signed and Qatar recently made the first delivery of LNG to Singapore. Jordan has expressed strong interest in importing LNG, and Qatar is helping it to build a regasification terminal in Aqaba. Total LNG capacity is 77mt. However, slightly less than this is usually exported owing to downtime for maintenance and repairs. Most of Qatar’s production goes towards meeting the long-term commitments of SPAs. Form Gulf Today

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today qatar exports 76mt of lng in 2011 Arab Today, arab today qatar exports 76mt of lng in 2011

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today qatar exports 76mt of lng in 2011 Arab Today, arab today qatar exports 76mt of lng in 2011

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today US travel restrictions are still 'Muslim ban'

GMT 00:54 2017 Tuesday ,26 September

US travel restrictions are still 'Muslim ban'
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel builds settlements 'at high rate'

GMT 01:04 2017 Tuesday ,26 September

Israel builds settlements 'at high rate'
Arab Today, arab today Saudi clerics use Twitter, textbooks

GMT 10:13 2017 Tuesday ,26 September

Saudi clerics use Twitter, textbooks
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Personality study finds fish have hidden depths

GMT 00:43 2017 Tuesday ,26 September

Personality study finds fish have hidden depths
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Botanical gardens a lifeboat

GMT 02:50 2017 Tuesday ,26 September

Botanical gardens a lifeboat
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Chevrolet's first 9-speed auto debuts

GMT 18:58 2017 Monday ,25 September

Chevrolet's first 9-speed auto debuts
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Mai Kassab happy for participating in new film

GMT 09:33 2017 Friday ,22 September

Mai Kassab happy for participating in new film
Arab Today, arab today Conditions growing dire    

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 16:08 2017 Monday ,25 September

'World's heaviest woman' dies

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday