Tuesday, April 2, 2013

LNG trade ‘helping Qatar maximise resource value’


Qatar will be able to maximise the value of its resources for decades as global LNG trade will provide a critical means to balance supply and demand, said Andrew P Swiger, senior vice-president of ExxonMobil Corporation.

Liquefied natural gas, in particular, will play a pivotal role in meeting the world’s rising demand for natural gas and, for this reason, Qatar will be critical to global markets, Swiger said at the Brookings Doha Energy Forum yesterday.

“Not only is Qatar well positioned for this global shift to natural gas, it is also a shining example of energy innovation.

“Qatar offers an example of how governments can act prudently to unleash investments in innovation that improve safety and performance,” he said.

Read more: http://www.gulf-times.com/business/191/details/347662/lng-trade-%e2%80%98helping-qatar-maximise-resource-value%e2%80%99

No comments:

Post a Comment

ShareThis