Qatari gas exports bounced back to five-year highs in April as seasonal maintenance work on LNG facilities was completed. Exports jumped above 16bn cfd in April for the first time since January 2019, and hit their highest level since June 2017 according to the latest figures from Jodi, providing a modest, but much-needed, boost to global gas balances.
At 16.25bn cfd, gas exports have soared by 25% since February’s low point of 12.91bn cfd, driven by counter-seasonally robust LNG sales amid the market dislocation caused by the Ukraine conflict, and the seasonal increase in pipeline exports to the UAE and Oman. (CONTINUED - 526 WORDS)
