Qatar LNG news

QP is set to cut its spending in response to the sharp declines in oil and gas prices caused by the COVID-19 coronavirus pandemic.

Nakilat has taken delivery of the newbuild LNG carrier, ‘Global Energy’, which will be commercially and technically managed in-house by the company.

Qatar Petroleum has entered into an agreement to reserve LNG ship construction capacity in China to be utilised for its future LNG carrier fleet requirements.

Nakilat has announced its financial results for the first quarter of 2020 ended 31 March 2020.

Qatar Petroleum have announced the start of the development drilling campaign for the North Field East project.

Qatargas Operating Co. Ltd. has announced the delivery of the first cargo of LNG on a Q-Flex vessel to the ENN Zhoushan LNG receiving terminal in China.

According to Reuters, Petronet LNG – India’s top gas importer – has issued force majeure notice to Qatargas, as it seeks to delay the loading of LNG cargoes under long-term deals.

According to Rystad Energy, Qatar’s latest liquefaction capacity drive is set to cost a total of US$50 billion and its sanctioning is unlikely this year.

Qatar Petroleum has announced that its subsidiary, Qatar Terminal Ltd, has entered into a long-term agreement with Elengy for LNG receiving, storage and regasification services at the Montoir-de-Bretagne LNG terminal in France.

Sparrows Group has secured a contract to manufacture three cranes for Qatargas’ North Field expansion project.