Qatar

LNG liquefaction expansions will hit a record 43-44mn t/y this and next year. But a dearth of recent FIDs mean expansion will then slow dramatically.

As rhetoric heats up, the Strait of Hormuz chokepoint is attracting concern that regional oil exports could be shut off. Riyadh’s ‘Plan B’ relies on the Bab al-Mandeb strait where Yemen’s Houthis this week attacked Aramco tankers. Egypt’s Suez Canal revenue is also threatened.

The June 2017 Qatar embargo threw a spotlight on the deepening Doha-Ankara relationship. But trade volumes are modest, and the most ambitious contract to-date is a murky $5.2bn energy sector deal which raises more questions than answers.

Total is keen for a stake in the expansion of Qatar’s world-leading LNG facilities. With existing connections to Doha, and LNG expertize, it looks well placed to succeed. It’s also looking to bid in Abu Dhabi’s debut licencing round – if the geology is right.

The IEAs’ first oil market outlook for 2019 highlights both the uncertainties surrounding next week’s Opec meeting in Vienna...

One year on, Qatar has made no meaningful concessions to Saudi Arabia and its allies. Unimpeded oil and gas exports have enabled it to largely offset the disruption.

Doha has marked the 1st anniversary of the Saudi-led embargo with a high-profile Exxon hook-up. The move highlights the futility of efforts to isolate Qatar.

On a dollar basis, Saudi Arabia was the biggest Opec winner in 2017 with revenues up $23.5bn year-on-year. But...

With the first anniversary of the Qatar embargo looming on 5 June, Doha’s finances look to have largely coped...

Qatar’s export revenues rose to their highest level since 2Q 2015 in the first quarter of the year on...