According to Reuters, Petronet LNG – India’s largest LNG importer – has stated that its talks to invest in Qatar’s exploration and production sector have slowed down.
The President and CEO of Qatar Petroleum, Saad Sherida Al-Kaabi, recently visited Japan, holding talks with various senior executives of major Japanese companies on improving relations and cooperation within in the energy sector.
Qatar Petroleum has announced that it has decided to increase the capacity of Qatar’s LNG expansion project, which was originally announced last year.
Qatari Energy Minister Mohammed al-Sada is expecting Chinese demand for LNG to grow by 20 – 25% in 2018.
Qatar Petroleum is reportedly in discussions with German energy companies Uniper and RWE about cooperating on a potential LNG terminal.
PetroChina Ltd is in advanced discussions with Qatar to purchase LNG under short- and long-term agreements.
In April 2017, Qatar lifted the North Field natural gas production moratorium that had been in place since 2005.