Damietta in North Egypt
Saudi Arabia and Iraq could join the LNG export party
In the longer term, the two Gulf heavyweights may become gas exporters. But Egypt’s return to the table could be in doubt
“Saudi Arabia certainly has ambitions to enter the global LNG market,” Patricia Tiller, a Dubai-based partner at law firm Hunton Andrews Kurth told a Mena panel as part of the Petroleum Economist LNG to Power Forum on Monday. But she cautioned that progress would not be immediate. “Plans are to export as much as 3bn ft³/d by 2030,” she continues. And there are “whispers” from the Kingdom’s energy minister that the target could be brought forward to an earlier date. “We have seen a lot of investment, even just in the past year, to boost the country’s gas production,” Tiller notes. “But, beyond that, the plans for gas exports are very much in their preliminary stages. “The reason for that is t
Also in this section
2 March 2026
A potential blockade of the Strait of Hormuz following the escalating US-Iran conflict risks disrupting Qatari LNG exports that underpin global gas markets, exposing Asia and other markets to sharp price spikes, cargo shortages and renewed reliance on dirtier fuels
2 March 2026
The South Asian consumer’s next move could tighten the Middle East oil market overnight
2 March 2026
Canadian independent’s evolving portfolio in Trinidad and Tobago gives it access to the Atlantic LNG market and a close-up view of developments in neighbouring Venezuela
27 February 2026
LNG would serve as a backup supply source as domestic gas declines and the country’s energy system comes under stress during periods of low hydropower output and high energy demand
