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.