EuropeLNG TerminalsMiddle East

Wood Mackenzie: Qatari LNG recovery faces months-long process despite ceasefire

By LNG Prime Staff
Wood Mackenzie Qatari LNG recovery faces months-long process despite ceasefire
Image: QatarEnergy LNG

UK-based Wood Mackenzie expects that if QatarEnergy began restarting its giant Ras Laffan LNG complex at the start of May, it would take until the end of August for the 12 trains to return to full service. A two-week ceasefire in the Middle East is bearish for global gas prices, but little has fundamentally changed with regards to LNG supply, according to WoodMackenzie.

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

Vessels

K Line, Petronas name LNG carrier duo in China

Chinese shipbuilder Hudong-Zhonghua has hosted a naming ceremony for two 174,000-cbm liquefied natural gas (LNG) carriers it built for Japan’s K Line and Malaysia’s Petronas.
LNG Terminals

US weekly LNG exports reach 32 shipments

US liquefied natural gas (LNG) plants sent 32 cargoes during the week ending September 2, up one shipment from the week before, according to the Energy Information Administration.
Corporate

Japan’s MOL merges six ship management companies into one entity

Japanese shipping giant MOL, owner of a large LNG carrier fleet, has merged six of its ship management companies...

More News Like This

LNG Terminals

Edison says QatarEnergy extends force majeure until early November

Italian energy firm Edison, a unit of EDF, said it had received a new force majeure notification from state-owned LNG giant QatarEnergy, affecting supplies scheduled for delivery at the Adriatic LNG terminal in Italy until early November.
Vessels

Knutsen takes delivery of QatarEnergy LNG tanker

Norwegian shipowner Knutsen has taken delivery of another 174,000-cbm LNG carrier built as part of the massive QatarEnergy shipbuilding program.
LNG Terminals

Belgium’s Zeebrugge terminal to receive latest Golden Pass LNG cargo

The Fluxys-operated LNG import facility in the Belgian port of Zeebrugge is expected to receive another cargo from the Golden Pass LNG export terminal in Texas, owned by QatarEnergy and ExxonMobil, according to shipping data.
LNG Terminals

ConocoPhillips continues to boost LNG portfolio

US energy giant ConocoPhillips has expanded its commercial LNG offtake portfolio to 12 million tonnes per annum as it continues to scale up this business, according to incoming CEO Andy O’Brien.