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Home Energy

Exclusive-Qatar LNG sales to key Asian markets confronted by US, UAE rivalry

Newsroom by Newsroom
October 22, 2024
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By Andrew Mills, Marwa Rashad, Emily Chow and Yuka Obayashi

(Reuters) – Qatar is finding it hard to agree new deals to supply liquefied natural gas (LNG) to Japan and South Korea as rising competition from the U.S. and elsewhere with more flexible contract terms challenges Doha’s decades-old dominance of the market.

Qatar was once the top LNG supplier to Japan and South Korea, but buyers are showing preference for supplies from the…



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Tags: ADNOCcontract termsJapanKorea Gas CorpNorth FieldQatarSouth Korea
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