Qatar expects to boost LNG output to 77 mm tpy by 2010

Oct 29, 2007 01:00 AM

The emir of Qatar said he expects his wealthy Gulf state to boost its liquefied natural gas (LNG) production to 77 mm tpy by 2010, up from 31 mm tons this year.
"This equals around a third of world consumption," Sheikh Hamad bin Khalifa al-Thani told delegates at the start of an international gas conference in Doha.

Qatar is a gas- and oil-rich Gulf emirate whose giant North Field has proven reserves of more than 900 tcf of natural gas, the third largest in the world after Russia and Iran.
Energy and Industry Minister Abdullah bin Hamad al-Attiyah said at the Doha conference that OPEC member Qatar was also pumping more than 915,000 barrels of oil per day.

Source: Thomson Financial
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