Qatar National Bank (QNB) believes that Qatar is well positioned to maintain its dominance in the global LNG market, despite the expected rise of LNG exports elsewhere over the coming decade: “The development of US shale gas extraction to tap previously inaccessible reserves, the so-called US shale gas revolution, is not proving to be a game changer for Qatar.”
This is true, insofar as the game has not yet changed; however, serious challenges to Qatar’s position in the global LNG market are inevitable over the medium to long term. (CONTINUED - 1151 WORDS)
