Qatar Economic Forum | The Global Energy Realignment
H.E. Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, State of Qatar; President & CEO,
@QatarEnergy spoke with
@BloombergTV's
@annmarie Hordern at the #
QatarEconomicForum# #
UNGA81# Special Edition.
The takeaways?
▪️ Qatar is exporting “very little LNG” amid disruption in the Strait of Hormuz.
▪️ Damage has taken out 17% of Qatar’s LNG capacity, with two LNG trains expected to take about 3 years to repair.
▪️ On claims the Strait of Hormuz could become obsolete: “I think this is completely wrong.”
▪️ QatarEnergy plans to become “the largest LNG trader in the world, by far.”
▪️ QatarEnergy is “looking seriously” at entering Venezuela with partners.
▪️ If the Strait reopens, Qatar could return to normal operations, excluding damaged capacity, “within a couple of weeks.”
Watch the full interview here ▶️