BMI View: Fuelled by the world’s third largest proven gas reserves, Qatar has dramatically expanded export capacity become the largest supplier of liquefied natural gas (LNG) globally. However this position is in doubt: with a moratorium on capacity expansion and growing competition from elsewhere, Qatar is likely to cede its top spot by the end of the decade. With small gains forecast for gas and liquids output, Qatar is increasingly moving up the value chain by expanding downstream capacity with refinery expansions and investments in gas-to-liquids technology. We highlight the following trends and developments in Qatar’s oil and gas sector: …
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