Qatar Petroleum CEO warns of upcoming,’very big’ LNG shortage
I know, everyone looks at China for all that growth. And this is massive new LNG – so we need massive markets. Let’s play the whatif game. Whatif China is actually already hopelessly overstretched and real growth (the one that’s not fuelled by money printing) is already flatlining or even negative. Impossible? Yeah right…
The head of Qatar Petroleum, Saad al-Kaabi, on Tuesday warned there would be a significant shortage of LNG on global markets sooner than expected as he reaffirmed the company’s plans to reach a final investment decision on its domestic LNG expansion project by end-2019.