Al-Kaabi: Qatar to resume normal gas output soon
Qatar's Minister of State for Energy Affairs, Saad Sherida Al-Kaabi, confirmed that Qatar's liquefied natural gas (LNG) production has begun to gradually recover to compensate for the decline caused by the Hormuz Strait crisis. However, it remains below usual levels, with expectations to return to normal rates within a few weeks. He explained that Doha is managing export commitments under exceptional circumstances and is keen to fulfill its obligations. The statements indicate that Qatar is expanding its investments in the global gas sector, with new projects in Namibia, Cyprus, Angola, and Brazil, with production expected to begin within the next two years. Al-Kaabi also warned that the continued closure of the Strait of Hormuz could harm energy markets and lead to rising gas prices, noting that Qatar is committed to long-term gas supplies to its clients and plans to increase demand for LNG despite regional challenges.
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