QatarEnergy CEO says buying more LNG to capture price spike in case of Hormuz closure, targets more U.S. deals

QatarEnergy's CEO says the company is buying more LNG to capture a price spike in case of a Strait of Hormuz closure, expecting reasonable returns in normal circumstances. He expects to sign more long-term LNG purchase deals with U.S. and other suppliers by end-2026, targeting volumes much higher than 7 million tons per annum, and is talking to everyone including Venture Global.

Detected & updated continuously · Source: Nebula