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Reuters

Exclusive-Qatar LNG sales to key Asian markets confronted by US, UAE rivalry

Reuters
Summary
Nutrition label

79% Informative

Qatar is finding it hard to agree new deals to supply liquefied natural gas to Japan and South Korea .

Buyers are showing preference for supplies from the United States , the United Arab Emirates and Oman .

These suppliers offer shorter-term contracts and do not restrict the cargoes' final destination.

Qatar 's market share in Japan fell to 4% in 2023 from 12% in 2018 .

Qatar prefers long-term contracts of up to 27 years - the current lifespan of the North Field expansion project.

U.S. sellers, ADNOC and Oman generally offer LNG volumes on a free-on-board (FOB) basis, which allows buyers to resell cargoes.

VR Score

90

Informative language

95

Neutral language

81

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no external sources

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