Despite net-zero pledges, LNG eyes post-2050 market as transition stalls

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But the deals have largely been signed by the major Western LNG players that have invested in Qatar’s huge North Field expansion, such as Shell, Eni and TotalEnergies, rather than with end-users, notes Fereidun Fesharaki, chairman of FACTS Global Energy. That leaves flexibility as to where the gas is finally sold and shipped, with most expected to end up in Asia. The 27-year deals that Qatar has signed with end users of gas are in contrast with Chinese importers, China National Petroleum Corporation and Sinopec, Fesharaki notes. Meanwhile, reports last week that energy giant Shell will slash 15-20 per cent...