Qatar Energy...a new expansion raises gas production capacity to 142 million tons annually. Al-Kaabi stressed that there is a scarcity of gas in the market even with the announcement of this increase.

He said that it is difficult to estimate the cost of the new expansion in the North Field now, adding that production will cost "billions" The CEO of Qatar Energy also said that Europe's gas needs have not reached their peak, and Europe will continue to need gas for a "very long period"