Qatar is in talks with Lebanon and Turkey to sell liquefied natural gas (LNG) as part of its strategy to expand its supply chain in the international markets.
This was disclosed by Deputy Premier and Minister of Energy and Industry Abdullah bin Hamad al-Attiyah at the OPEC50: Doha Energy Forum at the Texas A&M University Qatar, which was attended by more than 100 energy industry executives.
Lebanon is seeking 3 million tonnes of LNG from energy-rich Qatar, whose output is expected to reach 77 million tonnes per year. Qatar sits on 900 trillion cubic feet (over 25 trillion cubic meters) of natural gas reserves, the world’s third largest.
According to al-Attiyah, Qatargas is in talks with Turkish state-run pipeline operator Botas for the LNG sales.
Earlier this year, al-Attiyah had said Qatar and Turkey were continuing to study the feasibility of a gas pipeline between the two countries. Gulf Times