LNG

Qatar Petroleum President and Chief Executive Saad bin Sherida Al-Kaabi said that Qatar had delayed commercial bidding deadlines for its LNG expansion plans but contracts would still be awarded in 2020 as he saw the market rebounding and the Gulf nation's own shipments would keep flowing.

Qatar Gas Transport Co. (QGTC), the LNG shipping company of Qatar, has signed an agreement with US floating import project company Excelerate Energy to form a joint venture firm and as a start has acquired a 55 percent interest in a floating storage regasification unit.