Despite an ongoing blockade by the neighbors of Qatar, its state oil and gas company plans to increase its daily production capacity to 6.5 million barrels per day of oil equivalent in eight years from the current 4.8 million barrels per day of oil equivalent, its chief executive told Reuters. The United States will be the focus of this expansion, Saad al-Kaabi said un an interview, adding that “We are in Mexico, we are in Brazil, we are contemplating investing in the U.S. in many areas, in shale gas, in conventional oil. We are looking at many things.” QP’s investments in the United States will likely be in liquefied natural gas: the company is a world leader in LNG exports and the majority stakeholder in the Golden Pass LNG terminal in Texas, where it partners with Exxon and ConocoPhillips. The Golden Pass terminal is one of the largest globally, […]