Press Release

LNG Liquefaction Plants Segment Will Dominate the Qatar LNG Market in the Forecast Period

Rising investments utility projects and growing demand of distributed power are the major factors driving the Qatar market for the forecast period.

According to TechSci Research report, “Qatar LNG Market - By Region, Competition, Forecast & Opportunities, 2028”, Qatar LNG Market would grow as it is driven by an increase in the demand for electricity generated from renewable energy sources. An increased emphasis on distributed power & utility projects is anticipated to support market growth over the forecast period 2024 - 2028. Due to the predicted rise in natural gas usage in the power generation industry, there would be an increase in demand for liquefied natural gas (LNG) in a number of different countries.

A number of LNG projects and development plans are predicted to be announced in the upcoming years, supported by the increasing LNG demand. This would open up a wide range of prospects for market players across the African continent, resulting in the development of a booming LNG business.

The Qatar LNG Market is divided into LNG Infrastructure, Application, and Region. Based on LNG Infrastructure, the market is segmented into LNG Liquefaction Plants, LNG Regasification Facilities, and LNG Shipping. Based on Application, the market is segmented Residential, Commercial & Industrial. The market is also segmented by region Doha, Al Rayyan, Al Wakra, Umm Slal, Al Khor and Al Thakhira, and Rest of Qatar.

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Qatar LNG Market.”

Based on Application, the market is segmented into Residential, Commercial and Industrial. The Qatar LNG market will expand as a result of factors such as residential uses for natural gas including cooking, heating homes, and generating electricity. Additionally, domestic uses for natural gas include heaters, ovens, and even boilers, all of which fall under the residential category. Based on LNG Infrastructure, the market is segmented into LNG Liquefaction Plants, LNG Regasification Facilities, and LNG Shipping. Liquefaction Plants dominated the market in 2022, in terms of operating LNG liquefaction capacity. Qatar, the United States, Malaysia, Russia, Indonesia, and Algeria were next to Australia in LNG Liquefaction Plants. Australia eclipsed Qatar as the market with the highest capacity for liquefaction in 2019 and as the largest market in 2020. This project would be the largest liquefied natural gas (LNG) project ever, in terms of capacity. Additionally, the project would increase the nation's capacity to produce LNG from 77 million tonnes yearly to 110 million tonnes. The project also generates condensate, LPG, ethane, sulfur, and helium in addition to LNG.

One of the biggest LNG exporters in the world is Qatar. In 2020, the nation shipped 106.1 billion cubic metres of LNG, accounting for 21.7% of the worldwide LNG export market. In a close race, Australia's LNG shipments came in at 106.2 billion cubic meters, making it the leading exporter by 2020. The US, with 61.4 billion cubic meters, and Russia, with 40.4 billion cubic meters, took third and fourth position, respectively. Since 2011, Qatar has been exporting more than 100 billion cubic metres of LNG annually.

Key market players in the Qatar LNG Market include:

  • Occidental Petroleum Corporation
  • Anotech Energy
  • Smith International, Inc.
  • Gas Exporting Countries Forum (GECF)
  • MPH Technical Services
  • Buzwair Holding
  • Delta (Doha) Corporation
  • Qatar Petroleum
  • Craig International

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“During the anticipated period, the Qatar LNG Market is anticipated to grow. Expanding LNG ship numbers and increased demand for gas-powered electricity generation are expected to fuel the Qatar LNG industry. Government initiatives to promote the use of natural gas and lessen reliance on fossil fuels, increased use of LNG as a transportation fuel, increased demand for products and services as a result of economic expansion, and rising crude oil costs, are all significant factors driving the market growth,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Qatar LNG Market Segmented by LNG Infrastructure (LNG Liquefaction Plants, LNG Regasification Facilities, and LNG Shipping), By Application (Residential, Commercial & Industrial),
 By Region, Competition, Forecast and Opportunities, 2028F,” has evaluated the future growth potential of Qatar LNG Market and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities present in the Qatar LNG Market.


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Qatar LNG Market – Segmented by LNG Infrastructure (LNG Liquefaction Plants, LNG Regasification Facilities, and LNG Shipping), By Application (Residential, Commercial & Industrial), By Region, Competition, Forecast and Opportunities, 2028

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Rising investments in oil and gas, utility projects, and growing demand of distributed power are the factors driving the market in the forecast period 2024-2028.

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