Qatar to build new LNG project

Amid increasing demand and a halt on growth projects in the US, Qatar intends to enhance its exports of liquefied natural gas. The nation, a major competitor to the US and Australia in LNG shipping, aims to construct a new project capable of producing 16 million tons annually by the end of this decade. This initiative will elevate Qatar's annual production capacity to 142 million tons by 2030, as announced by the country's Energy Minister, Saad Al-Kaabi, on Sunday.

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