QatarEnergy's fleet of LNG carriers will reach 200 vessels within the next few years, driven by its 128-vessel shipbuilding program plus replacements. CEO Saad Sherida Al-Kaabi's said the company is finalizing contracts for over 100 newbuilds, with more to come.
Malaysia’s Petronas has inked a 20-year sale and purchase agreement (SPA) with QatarEnergy for up to 2 million tonnes per annum (mtpa) of LNG. The deal, signed at the LNG2026 trade show in Doha, marks the first long-term LNG supply contract between the two state-owned energy giants.
Soaring electricity demand from AI data centres could transform the upcoming global LNG glut into a shortage by 2030, QatarEnergy CEO Saad al-Kaabi said at the LNG2026 conference in Doha. If demand overshoots expectations and the LNG build-out cannot keep pace, prices may spiral.
Qatargas, the leading liquefied natural gas producer, has signed an accord to cooperate in the LNG business with the main electric power generating company of Thailand, including being a future supplier of additional volumes to the Asian nation.
Qatar Petroleum, owner of the largest global liquefied natural gas producer Qatargas, has launched its latest corporate strategy aimed at increasing output from the current 77 million tonnes per annum to 100 MTPA of LNG in its Arab Gulf operations as it also expands its global energy exploration and production activities.