Qatar maintains grip on LNG volumes
QatarEnergy keeps control
First expansion supply deals illustrate commitment to maintaining its grip of LNG volumes along the value chain
Concern over duration of demand is one explanation as to why portfolio players and Asian utilities have been keener than those with European end-user commitments when it comes to the surge in interest in LNG SPAs following Russia’s invasion of Ukraine. The theory goes that Europe’s utilities see too much risk in committing to deals lasting ten or more years, given the uncertainty over Europe’s post-2030 gas requirements. In this scenario, global portfolio players—which have signed up to 26.7mn t/yr of supply since late February—play a bridging role, able to bring gas to Europe while it still needs it and can provide the market signals to attract it, then finding alternative homes for it as a
Also in this section
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026
