Qatar’s Al-Kaabi Warns AI Power Demand Could Spark LNG Shortage by 2030

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Qatar's Energy Minister warns that rising power demand from artificial intelligence could lead to a global LNG shortage by 2030, despite new capacity additions.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Qatari Energy Minister Saad al-Kaabi on Monday warned that rising power demand from artificial intelligence could wipe out the global LNG surplus and push markets into deficit by around 2030, despite more than 100 million tonnes per year of new LNG capacity scheduled to come online this decade, Reuters reported. Al-Kaabi said AI-driven data centers are emerging as a material source of gas demand as governments and technology companies accelerate investment in large-scale computing infrastructure. Unlike traditional industrial loads, data centers…

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Original article published by OilPrice.com on February 2, 2026.
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