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Qatari Energy Minister Sees Oversupply of LNG in Coming Years

Source: Reuters 11/22/2017, Location: Middle East

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Qatar’s energy minister, Mohammed al-Sada, said 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.

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