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LNG expansion in Qatar backed by surging gas prices.

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 global