At least some of the new volumes will likely be sourced from nearby Qatar, given Shell’s 30% stake in the 7.8mn t/y Qatargas 4 train.
While deals with international oil companies (IOCs) will diversify the LNG supply portfolio, Kuwait will increasingly rely on Qatar to meet its gas demand needs – a logical supply source given proximity but a perplexing move in light of regional political tension. (CONTINUED - 841 WORDS)