Doha will deliver
Qatar will have no trouble keeping its part of the deal
The supply cuts do not bother Qatar unduly. Doha has started cutting the 30,000 barrels a day it pledged, to meet the planned level of 0.618m b/d, and state-owned Qatar Petroleum's (QP) president and chief executive Saad Sherida al-Kaabi has advised export customers of the slight volume reductions. Qatar's dominant Asian buyers-Japan, Thailand and Singapore-will have no problem plugging the small gap from other sources. In short, Doha's clients are happy for now. Qatar's small cuts will focus on wells in the country's biggest field, the 300,000-b/d al-Shaheen, due to its relatively high production costs and medium-heavy crude, says Dubai-based consultancy Qamar Energy. Production at the Dukh

Also in this section
14 March 2025
Gas production slumped to an eight-year low in 2024, but new discoveries and partnership with Cyprus paint a more positive outlook
13 March 2025
Gas will become a more important part of the energy mix longer-term, raising the alarm for much-need investment as supply struggles to keep up with demand
13 March 2025
The spectre of Saudi Arabia’s 2020 market share strategy haunts a suffering OPEC+ as Trump upends the energy world
12 March 2025
Petronas-Eni eyes joint venture to prioritise key gas developments, with huge opportunities for growth in Indonesia and a steady Malaysia portfolio