“For Qatar, this serves as a counterbalance to the Saudi-U.S. relationship,” said Leslie Palti-Guzman, president of GasVista, a New York-based consulting firm. But President Trump has sent conflicting signals about his intentions by, at times, appearing to support Saudi Arabia and its allies in the dispute. Qatar Petroleum has been a big investor in Golden Pass for years. Originally the giant terminal in Sabine Pass, Tex., was designed to import gas, and cost $2 billion to build about a decade ago. Exxon Mobil and Qatar Petroleum will reverse some pipelines and add several enormous refrigerant plants to Golden Pass.

Source: New York Times February 05, 2019 17:27 UTC