QATAR

State-backed Qatar National Bank (QNB) raises questions as it forecasts LNG market tightness and high prices over the medium-term.

QNB, in a report released this week, says that it expects a strong LNG market despite the US shale gas revolution’s and the recently-signed $400bn deal for Russia to pipe gas to China, where gas is in greater demand amid a switch to cleaner fuel supplies.

Going forward, the LNG market “remains bright and is likely to result in high LNG prices...