# Qatar faces tough choices as coronavirus guts natural gas demand | Fossil Fuels | Al Jazeera

> Qatar, the world's largest LNG exporter, faces weak demand and scarce storage for unsold cargoes. It must choose between cutting output or cutting prices to win market share, a choice that could push gas prices negative. Australia could overtake Qatar as the top exporter if Qatar cuts production.

- Date: 2020-05-12 · published 2020-05-12T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/53325-qatar-faces-tough-choices-as-coronavirus-guts-natural-gas-demand-fossil-fuels
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A Qatari output cut would tighten global LNG supply and support prices, while a price war would deepen the glut and pressure gas costs lower. The outcome is uncertain, so the price direction depends on the decision.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- aljazeera.com: https://www.aljazeera.com/economy/2020/5/12/qatar-faces-tough-choices-as-coronavirus-guts-natural-gas-demand

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