The competition between the U.S. and its allies and China and its partners for upcoming long-term LNG contracts from Qatar will be intense.
Although the U.S. and China are indirectly involved in the ongoing Russia-Ukraine and Israel-Hamas wars, the conflict between the world’s two leading Western and Eastern powers has not itself turned hot – yet. There are many senior officials on both sides who believe it is only a matter of time before it does, with the consensus being that it will follow the conventional war template seen in the current Ukraine conflict in the first phase at least.
However, there is no guarantee that the Emirate will award the contracts to the West. It has long been forced to play a delicate diplomatic balancing act between the two great Middle Eastern powers Saudi Arabia and Iran and their principal superpower sponsors the U.S., up until relatively recently, and China, respectively, positioned as it is directly between the two big regional players.
LNG Gas Exports China North Dome LNG Contracts
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