Energy for the 21st Century
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Energy for the 21st Century

Opportunities and Challenges for Liquefied Natural Gas (LNG)

Susan L. Sakmar

Countries around the world are increasingly looking to liquefied natural gas (LNG) – natural gas that has been cooled until it forms a transportable liquid – to meet growing energy demand. Energy for the 21st Century provides critical insights into the opportunities and challenges LNG faces, including its potential role in a carbon-constrained world.
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Chapter 8: Global LNG mega projects and players – Qatar and Australia

Opportunities and Challenges for Liquefied Natural Gas (LNG)

Susan L. Sakmar


In recent years, two countries have emerged as the dominant players in LNG markets – Qatar and Australia. Although Qatar is one of the world’s smallest countries, it has been the world’s largest LNG producer since 2006. Qatar’s dominance in the LNG markets was confirmed with the December 2010 announcement that Qatar had reached its long-stated goal of a combined LNG production capacity of 77 million tonnes per annum. While Qatar’s LNG production capacity would be difficult, if not impossible, for most countries to beat, Australia is giving it a try with over $200 billion of LNG projects under construction or planned. Whether Australia can catch Qatar remains to be seen but it will be an interesting race to follow.

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