# Qatar plans new gas output boost amid global price collapse | Reuters

> QatarEnergy plans a new North Field expansion requiring two additional LNG trains, on top of six already under construction. The company will start engineering work on its own before deciding on partners.

- Date: 2024-02-25 · published 2024-02-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/31842-qatar-plans-new-gas-output-boost-amid-global-price-collapse-reuters
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Added future LNG capacity from a major exporter signals more global supply later in the decade, which weighs on the long-term outlook for gas prices.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/business/energy/qatarenergy-set-further-expand-lng-output-north-field-2024-02-25/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.