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Qatari energy minister sees oversupply of LNG in coming years
November 22, 2017 / 2:13 PM / 19 days ago

Qatari energy minister sees oversupply of LNG in coming years

SANTA CRUZ, Bolivia, Nov 22 (Reuters) - Qatar’s energy minister, Mohammed al-Sada, said on Wednesday he expects oversupply of liquefied natural gas in the coming years due to increased production, but the market should tighten after 2025.

Al-Sada, speaking at the Gas Exporting Countries Forum in Santa Cruz, Bolivia, said the country, the world’s largest exporter of LNG, is working to increase gas production and LNG exports.

Reporting By Marianna Parraga Editing by Chizu Nomiyama

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