Qatar eyes new European terminal for LNG growth !

LNG = liquefied natural gas

Qatar is eyeing plans to build a new receiving terminal for liquefied natural gas in Europe with Bulgaria a possible location

I heard that Kuwait is also in the process of Exporting LNG

Sheikh Hamad bin Jassim bin Jabor al-Thani, Prime Minister and Foreign Minister, revealed the plans but added that it was unlikely that the project would happen for up to two years.

“This is under study and I don’t think anything would happen before one or two years in this respect,” he said at a joint press conference with visiting Bulgarian Prime Minister Boyko Borisov.

“If we are thinking about another terminal, that needs a lot of technical studies,” he added in comments published by Gulf Times.

Qatar, which owns stakes in LNG-receiving terminals in the UK, the US and the Adriatic Sea near Italy, is looking for new markets to sell its fuel.
“A new terminal involves feasibility studies, huge investment and users for the gas. At this moment, we are studying all the options and Bulgaria is on our list,” he told the paper.
Qatar plans to raise its annual LNG production capacity 43 percent to 77m tons this year, with the startup of three new plants.