Middle East Economic Survey

VOL. LIV

No 40

3-Oct-2011

QATAR

Qatar Faces Challenge of Complex, Changing European Gas Market

Russia is commissioning the Nord Stream pipeline to supply European Union countries with gas, at a time when Asia-Pacific spot LNG and long term contract prices are rising. The short term result could be Qatar shifting sales away from Europe, even though the continent is expanding its LNG import terminals as North Sea production depletes and it prepares to remove...