What Glut? Qatar Leads LNG Expansion Push as Inventories Grow
Qatar understands that investments are better done anticyclical. There is a glut now and it will spoil the fun for some years. But the market will absorb it in time and there will be the next bout of shortage during which you pay for your investment in 2 years. Qatar got the money – and they got the know-how. Their strategy is sound – but they still neglect the biggest price of them all. The fuel for transport market. LNG has grown big, but as soon as fueling goes LNG for real we will need multiple times the planetary liquefaction capacity.
