Qatari Energy Minister Saad al-Kaabi this week provided new details on the outlook for repairs at QatarEnergy's damaged LNG trains and timing on expansion plans. He also expressed confidence in the state firm's ability to quickly ramp up production when conditions allow — but which could come two to three months after any reopening of the Strait of Hormuz. Key to the pace of supply to market are shipping logistics, with full products tanks ultimately leaving LNG loadings subject to uncertain shipping schedules. Despite the current Hormuz chokehold, pipelines are not in the gas giant's plans, but a continued build-out of QatarEnergy's international footprint very much is. Al-Kaabi, also CEO of QatarEnergy, was speaking to Energy Intelligence in an exclusive interview at his office in Doha. The following has been edited for length and clarity.
Q&A: Qatar Doubles Down on Growth Despite Turmoil
Opening Hormuz is a matter of time and price, Qatari Energy Minister Saad al-Kaabi tells Energy Intelligence. In the meantime, "We're not stopping," he says.
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