The Australian: Qatar looking to export US shale-based LNG to Asia
Qatar, the worlds biggest exporter of LNG, is joining the list of oil and gas companies hoping to export cheap US shale-based LNG to energy-starved Asian markets later this decade.
Qatar Petroleum International, the overseas investment unit of state-owned Qatar Petroleum, has just won approval from the US Department of Energy to ship LNG from a new export terminal it is proposing to build with its joint venture partner, Exxon Mobil, on the Texas side of the Sabine Pass outlet to the Gulf of Mexico. QPI’s US-based subsidiary has 70 per cent and Exxon affiliates hold the remainder. MORE