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Qatar LNG producers to begin postponed job cuts

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LNG Industry,

According to the latest report by Reuters, Qatari gas producers QatarGas and RasGas this week began implementing job cuts that had been postponed because of the diplomatic crisis between Qatar and its neighbouring states.

The layoffs had initially been slated for June after the Gulf state’s decision to merge the two LNG divisions of Qatar Petroleum.

Qatar Petroleum’s CEO has said that the merger of RasGas and Qatargas would help to cut operating costs by hundreds of millions of dollars at the world’s largest LNG producer.

Some engineers were given fresh appointment letters from the newly merged entities, while others were notified about redundancies.

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