Qatar to Accelerate LNG Expansion as US Stalls on Export Push

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Energy News

Business,Politics,Qatar

Qatar plans to increase LNG production as the US stalls on exports. UK seeks to boost business investment. Oil tanker shortage expected due to Red Sea attacks. Avison Young defaults on loan. ECB's Makhlouf not rushing to cut rates. Ukraine enters third year of war. West African leaders lift sanctions on Niger. Canada gives Ukraine $2bn in aid.

Qatar is planning to accelerate its expansion of liquefied natural gas (LNG) production as the US stalls on its export push. The country aims to increase its LNG output by 64% by 2027. Meanwhile, the UK government is seeking to boost business investment through a coordinated ministerial push. A shortage of oil tankers is expected as recent attacks in the Red Sea divert trade routes. Real estate firm Avison Young has defaulted on a loan in Canada, according to S&P.

The European Central Bank's Gabriel Makhlouf is not in a rush to cut interest rates, as he believes vigilance on wages is needed. Ukraine enters its third year of war as the outlook dims due to stalled US aid. West African leaders have lifted sanctions on Niger months after a coup. Canada has given Ukraine $2bn in aid

 

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