Friday, 11 February 2011

U.K. Natural Gas Falls on Warmer Weather, QatarGas LNG Start

U.K. natural gas declined amid forecasts for milder weather that may reduce heating demand and as Qatar Liquefied Gas Co. said it started a new production plant in the Gulf state.

Qatar is the world’s biggest producer of liquefied natural gas and supplies the fuel to the South Hook terminal in Wales. LNG made up 60 percent of the U.K.’s imports in September, surpassing pipeline shipments for the first time. QatarGas Train 7 is the last of the state’s production units to start.

“All 14 LNG trains are now producing LNG, meeting the energy needs of tens of millions of people around the world,” Mohammed Saleh Al Sada, Qatar’s energy minister, said in an e- mailed statement.

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