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The CEO of Qatargas has said that two massive new liquefied natural gas (LNG) trains that are due to come on-stream in 2010 will keep Qatar’s massive LNG export expansion plans on track.
Reuters reported that Faisal al Suwaidi told a news conference that the Qatargas trains 6 and 7 will boost LNG capacity in the Gulf state by an extra 15.6 million tonnes. This should take Qatar’s LNG capacity to around 70 million tonnes per annum.
“This is a fast-growing sector, especially for the hot economies of the world. China and India will have to import large quantities of gas,” Al Suwaidi told ArabianOilandGas.com in an interview last year.
“There are two main reasons. Firstly, they need to introduce this as part of their energy mix. Secondly, if they are to meet their Kyoto commitment, they will need to rely more on natural gas to reduce their emissions,” he added.
The current cold snap in Europe has increased demand for LNG and Qatar, but Al Suwaidi said that this had no real bearing on Qatar’s long-term plans for LNG exports.
