The liquefied natural gas (LNG) export volume from Qatar has seen a series of fluctuations over the past decade. Starting from 105.82 billion cubic meters in 2013, the exports experienced modest declines and growths until 2022, peaking significantly at 114.07 billion cubic meters. In 2023, the LNG export stood at 119.84 billion cubic meters. Year-on-year variations showcase significant annual fluctuations, with notable growth of 5.06% in 2023. The average compound annual growth rate (CAGR) over the last five years was 2.69%.
Future trends to watch for include:
- A forecasted continuous increase in export volume, reaching 135.35 billion cubic meters by 2028.- A stable forecasted annual growth rate with a 5-year CAGR of 1.69%.- Sustained global demand for LNG and Qatar's expanding production capacity likely driving future growth.
