# Qatar plans to boost LNG production to 126 million tonnes by 2027

> Qatar, the world's largest LNG supplier, plans to raise its LNG output to 126 million tonnes by 2027. The announcement comes as LNG prices sit at multi-year lows amid rising output from the US, Russia and Australia.

- Date: 2019-11-25 · published 2019-11-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/56247-qatar-plans-to-boost-lng-production-to-126-million-tonnes-by-2027
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Expanded long-term supply adds to the existing global gas glut and keeps gas prices under pressure for years. The effect on feed input costs is indirect.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/business/qatar-plans-to-boost-lng-production-to-126-million-tonnes-by-2027-idUSKBN1XZ1EN/

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