🇶🇦🛢 A new global energy order is emerging: Qatar bets on American LNG Last week, QatarEnergy signed a 20-year agreement to purchase three million metric tonnes of LNG annually from Woodside Energy’s facilities in Louisiana. A week earlier, it signed agreements with Cheniere Energy for supplies of up to four million tonnes per year from the Sabine Pass and Corpus Christi plants through 2054. Deliveries under these contracts will begin in 2030 and 2031, making Qatar the largest buyer of American LNG. In essence, this signals that the United States is becoming the main beneficiary of the global reassessment of Middle Eastern energy risks. These developments mark a historic reversal of roles in global gas markets. Bob McNally, president of Rapidan Energy Group and a former White House energy adviser to President George W. Bush, said: Twenty-five years ago, we… feared that the US would become as dependent on Qatari LNG as it was on OPEC oil… Then came the shale revolution and the war with Iran, and now Qatar is buying from us. According to Reuters, purchasing American LNG allows Qatar to benefit from growing demand for politically stable supplies, even when those supplies originate in North America. It is also the clearest evidence yet that the conflict with Iran has accelerated a decade-long shift in energy-market power from the Middle East towards the United States. #info #resources #USA #Qatar #Arabia
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