Country Risk

Qatar Becomes an Energy Behemoth

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  • Europe's race to move away from Russian gas and sanctions against the Russian energy sector have benefited Qatar’s upcoming LNG megaexpansion.
  • Construction continues, but partner selection for the 32 million ton per year Phase 1 project has been repeatedly delayed as Doha struggles to make sense of rapidly evolving industry dynamics.
  • The megaexpansion, when complete in 2028, should take Qatari LNG capacity to 126 million tons/yr, but Doha is also eyeing growth beyond this.

The Issue

LNG Projects, LNG Supply, Green LNG, Resource Access
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