LNG producers in the Gulf have signed short-term deals in recent days as they look to build their position in the global LNG market. On 4 July, QatarEnergy Trading inked a two-year deal with Australia’s Santos to receive 0.5mn t/y of LNG starting in 2026.
The deal adds to QatarEnergy’s growing portfolio of LNG outside of its growing domestic supply. To date this has focused on volumes from the US which are set to surge when QatarEnergy Trading takes on marketing its parent company’s 70% equity stake in the 18mn t/y Golden Pass facility (MEES, 18 May). (CONTINUED - 185 WORDS)