Industry Perspectives

Russia aims to ally with Qatar in LNG competition with Australia and other LNG-exporting majors over the coming years. Amid ever-tightening competition in the global gas market, including the LNG segment, Russia is looking for new allies so that it may remain competitive for years to come. An alliance with Russia could also be of interest to Qatar, which is likely to lose some large-scale export contracts held by Asia-Pacific buyers after 2020. Russia has strong positions in pipeline gas, mainly due to its cooperation with Iran—the country’s major ally in the Middle East. Russia is seeking a similar ally in the case of LNG. Again, Qatar is a possible option. The Russian government hopes tha