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Qatar’s global empire

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LNG Industry,

Bloomberg is reporting that while Asian markets, including China, bought half of Qatar’s LNG exports in 2015, they have so far failed to attract much investment from the country. But this is starting to change.

Switch on the lights in Hong Kong, Japan, South Korea and Taiwan, and there is a good chance the power was generated from imported Qatari gas.

The Qatar Investment Authority is scouring the continent for possible investments. Fund executives said in 2014 they planned to place as much as US$20 billion in Asia over six years, and expand its offices in Beijing and New Delhi.

All investments have been made through the Qatar Investment Authority, created in 2005 to handle the country’s windfall from LNG sales, of which it is the world’s biggest exporter.

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