Qatar is moving forward with it’s production capacity since LNG prices are rising to high prices. May 2020 when spot price was at all time low ($2/MMBtu) hence the oversupply. On January 11th 2021 LNG spotprice banked at $28.22/MMBtu, hence an extreme cold in south asia which increased demand highly. Source : SPG globalContinue Reading
About 247 and LNG
“Energy cannot be created or destroyed, it can only be converted from one form to another.”