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Qatar Rejects Plans to Bypass the Strait of Hormuz for Gas Exports
Economy

Qatar Rejects Plans to Bypass the Strait of Hormuz for Gas Exports

منبع تصویر: snn.ir

By 2 min Read time 109,651

Saad bin Sherida Al-Kaabi, Qatar's Minister of Energy, stated in a statement that the implementation of pipeline construction plans to bypass the Strait of Hormuz is not justifiable due to high costs and technical and commercial challenges. Contrary to the expectations of some analysts, these plans cannot be considered a suitable solution for Qatar's gas exports.

Impact on Gas Investments

This Qatari official emphasized that the implementation of such plans could affect Qatar's extensive investments in the natural gas liquefaction facilities of the North Dome field. According to Al-Kaabi, part of the existing infrastructure could remain unused, which will directly impact Qatar's development plans.

Qatar's Future Plans for LNG Production

With an annual production capacity of 77.1 million tons of LNG, Qatar is striving to increase this capacity to 142 million tons by 2030. According to statistics, the country's LNG exports are estimated to be around 81 million tons in 2025. This increase in production capacity reflects Qatar's serious determination to maintain and strengthen its position in the global energy market.

Proposed Routes and Challenges

Four proposed routes for the overland transport of Qatari gas include the Sham and Anatolia route, a pipeline along the Dolphin route centered on Oman and Fujairah, the Aqaba to Cairo route and connection to Europe, and the Arab pipeline. However, these routes have not been economically validated, and it seems that Qatar currently prefers to accept the risks associated with maritime transport from the Strait of Hormuz and maintain its existing export terminals.

Conclusion

By emphasizing the unjustifiability of plans to bypass the Strait of Hormuz, Qatar demonstrates its intent to preserve existing infrastructure and develop investments in natural gas. This decision could have significant implications for Qatar's export and development plans in the coming years.

Source: snn.ir