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Despite blockade, Qatar to supply UAE with natural gas until 2032

Qatar Petroleum (QP), the world's largest oil producer, announced Tuesday that it has raised its LNG capacity from 77 million to 100 million tons a year. Qatar Petroleum Chief Executive Officer Saad Sharida Al Kaabi told a news conference in Doha on 4 July, 2017 [Mohamed Farag/Anadolu Agency]
Qatar Petroleum (QP), the world's largest oil producer [Mohamed Farag/Anadolu Agency]

Qatar Petroleum Chief Executive, Saad Sherida Al- Kaabi said Qatar Petroleum intends to continue supplying the United Arab Emirates with natural gas through the Dolphin pipeline despite the land, air and sea blockade imposed on Doha by the UAE and other Gulf states since June 5 2017.

Al-Kaabi told reporters that "the contract to provide the UAE with Qatari gas extends to 2032".

The pipeline carries around 2 billion cubic feet of Qatari gas per day used to meet around 30 per cent of the UAE's energy needs.

Read: Britain is home to £38.5bn worth of Qatari investments

Al- Kaabi announced during the press conference that Qatar intends to increase its liquefied natural gas (LNG) production capacity by 43 per cent from the current 77 million tons to 110 million tons per year.

"This will increase Qatar's total production capacity from 4.8 to 6.2 million barrels of oil equivalent per day," he said.

Al-Kaabi said the new project would strengthen Qatar's position in the international gas industry and support Qatar Petroleum's strategic plans for expansion and growth.

It will also contribute to supporting the country's resources, stimulating the economy and the overall development process in Qatar, he added.

Read: Timeline of the Arab rift with Qatar

Middle EastNewsQatarSaudi ArabiaUAE
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