Qatar is planning to rapidly boost liquefied natural gas production once the Strait of Hormuz reopens, aiming to restore most of its export capacity within two months, according to people familiar with the matter.
QatarEnergy, which operates the country’s LNG facility, has told buyers that it expects to raise output to about 50% of capacity a month after safe passage through the strait is restored, and to roughly 80% within two months, said the people, who asked not to be named as they aren’t authorized to speak with media.
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