Middle Eastern Liquefied Natural Gas
The study highlights the transformation of the liquefied natural gas (LNG) market in the Middle East. As a hub of oil and gas, some Middle Eastern countries are experiencing low production levels of gas. This lack of availability of domestic gas has stimulated LNG imports in some Middle Eastern countries. With new LNG suppliers such as the United States and Australia, the Middle East is expected to sign long-term LNG contracts in the coming years to cater to the increasing gas demand. In addition, the study analyzes Middle Eastern countries with abundant available gas that are exporting globally. Qatar has been the largest LNG supplier worldwide; however, with new competition from the United States and Australia, Qatar's supremacy will be challenged.
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