Market dominance or not – what Qatar does, first of all, is building the basis for a market. A market that goes far beyond what LNG does today. Let’s be honest – today’s mainstream LNG business is boring as hell and its margins are not great either. Replacing diesel as a fuel for heavy vehicles will help clean the air and bring better margins. Are you listening OPEC? It’s not Elon that will eat your lunch.
The world’s top exporter of liquefied natural gas is ramping up production dramatically and undercutting competitors in a bid to squeeze them out the market.