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Article: OPEC - Qatar To Become World's Biggest LNG Exporter.
- Article from:
- APS Review Gas Market Trends
- Article date:
- November 18, 2002
CopyrightCOPYRIGHT 2002 Input Solutions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Qatar's sustainable oil production capacity is expected to increase from about 850,000 b/d now to 1.06m b/d before 2004 - including its 50% share of Al Bunduq field. Actual output is averaging 700,000 b/d and Qatar's OPEC quota until end-2002 is 562,000 b/d.
In view of its fast-growing capacity, Qatar wants a higher quota from OPEC for next year. With the emirate now housing the main HQ and command and control centre for US forces poised to invade Iraq, Qatar has become so bold in its approach to regional politics that it is rumoured to be considering leaving the Arab League. It has antagonised Saudi Arabia, with Riyadh leaders calling programmes on its popular ...