Qatar Petroleum CEO: Qatar won't cut gas to UAE
DUBAI (Reuters) — Qatar will not cut off gas to the United Arab Emirates despite a diplomatic dispute and a "force majeure" clause in its contract, the chief executive of Qatar Petroleum told Al Jazeera network, two weeks after some Gulf Arab states severed ties with Doha.
CEO Saad al-Kaabi said that although there was a "force majeure" clause in the agreement on the Dolphin gas pipeline, which links Qatar's giant North Field with the UAE, Qatar would not stop supplies for other reasons.
"The siege we have today is a force majeure and we could close the gas pipeline to the UAE," he said.
"But if we cut the gas, it does great harm to the UAE and the people of the UAE, who are considered like brothers ... we decided not to cut the gas now," he told the Doha-based channel in an interview aired on Sunday.
The Dolphin gas pipeline links Qatar with the UAE and Oman and pumps around 2 Bcfd of gas to the UAE.
The chief executive of Sharjah National Oil Corp said earlier on Sunday he did not expect flows of natural gas from Qatar to the United Arab Emirates to be interrupted by the diplomatic dispute in the region.
Reporting by Sylvia Westall in Dubai and Ali Abdelaty in Cairo; Editing by Andrew Roche
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At October’s HPI Forecast Breakfast for our sister publication, <i>Hydrocarbon Processing</i>, I shared <i>Gas Processing</i>’s forecast on change in the LNG industry.
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The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.
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