March 01, 2010, 8:09 PM EST
(Adds figures on Poland, Thailand in second paragraph.)
By Ben Farey
March 1 (Bloomberg) -- Qatar Liquefied Gas Co. said adjustments to its plants producing liquefied natural gas may raise output by more than 15 percent.
Production of LNG by the gas-rich Gulf state will increase to 77 million tons “before the end of the year,” and “debottlenecking” may increase output by an additional 12 million tons a year, Alaa Abu Jbara, marketing director at QatarGas, said at the Flame conference in Amsterdam.
The Qatari government will decide whether to go ahead with the work some time after 2014, he said in an interview.
Qatar plans to start supplying Poland with LNG starting in 2014, and an import terminal in Thailand is now 55 percent done, he said. Thailand has an agreement for 1 million tons of LNG a year from Qatar with an option to increase that to 2 million.
Demand in the Middle East “surprised everyone,” Abu Jbara said. “We get people almost on a daily basis from the Middle East asking for LNG. There’s a huge demand. They’re sucking up a lot of LNG.”
--Editors: Mike Anderson, Rob Verdonck.
Source: http://www.businessweek.com/news/2010-03-01/qatar-lng-output-may-rise-after-debottlenecking-update1-.html
Comments
Post a Comment