"LNG flows remain stable, cargoes are going into the market," said Steve Hill, Executive Vice-President for Gas and Energy Marketing and Trading at Shell.

"Qatar is a very credible and competent LNG producer," Hill said at an industry event in Istanbul.

Qatar said on Monday that its exports, including of LNG, to Japan, India, South Korea and China had not been affected by the boycott.

Exports to the four Asian countries account for nearly three quarters of its total exports.