Middle East LNG export ambitions require over $50 billion in CAPEX
By 2028, the Middle East envisages to add 60 million tons per annum (mtpa) of new LNG export capacity and developments could require more than $50 billion in capital spending. Qatar will lead the expansion with 48 mtpa alone through its North Field East and North Field South projects, the UAE will contribute 10 mtpa from the Ruwais LNG project, and TotalEnergies is developing the Marsa LNG project with a capacity of 1 mtpa in Oman; our Markets Editor Anja Karl has more.
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Published in
September 2025
