According to Reuters, Qatar has put on hold the process, for choosing western partners for installing the world’s largest liquefied natural [LNG] gas extraction project, by several months.
With the US increasing its production of LNG, it has put a surplus supply of gas in the market, which Qatar had otherwise hoped to capitalize on. The USA is also planning to increase exports of LNG to use up the large surplus at home. The fal....
Tags : Qatar, Gas Extraction, LNG, Liquefied natural gas, USA, China,
comments (0)