His Highness Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar, laid the foundational stone of the North Field expansion project, which will raise the State of Qatar’s LNG production capacity from the current 77 million tons per annum (MMtpa) to 126 MMtpa by 2026.
The project includes six mega trains, each with a production capacity of eight MMtpa of LNG, four of which are part of the North Field East expansion project, and two are part of the North Field South expansion project, contributing a total of 48 MMtpa to the global LNG supplies.
His Excellency Minister Al-Kaabi said, “On the local level, this project will have short- and long-term impacts that will be reflected across all sectors of the Qatari economy and will significantly enhance the State’s revenues. This major expansion comes at a crucial time, as natural gas occupies a pivotal position in the energy mix in a world facing geopolitical turbulences and is in dire need of clean energy sources that are in line with the global environmental goals.”
His Excellency the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said, “There is no doubt that these additional quantities of natural gas are of great importance as they will play a prominent role in enhancing energy security, supporting a practical and realistic energy transition, and ensuring fair and equitable access to cleaner energy for a sustainable growth and a better future for all.”
His Excellency Minister Al-Kaabi concluded his remarks by thanking QatarEnergy’s partners, and the working teams of Qatar Energy and QatarEnergy LNG, and the contractors working to implement this project with the highest quality and safety standards.
QatarEnergy is partnered in this global project by TotalEnergies, Shell, ConocoPhillips, ExxonMobil, Eni, Sinopec, and CNPC, whose contributions will play a pivotal role in ensuring the project’s success and achieving its goals by producing LNG that is the best in the world in terms of safety, reliability, and carbon footprint.
In addition to LNG, the project will produce 6,500 tons per day of ethane gas, which will be used as a feedstock in the local petrochemical industries. The project will also produce about 200,000 bpd of liquefied petroleum gas (propane and butane), and about 450,000 bpd of condensates, in addition to large quantities of helium and pure sulfur.
Tags QatarEnergy World Oil
Check Also
Russia’s Natural Gas Flows to Austria Rise despite OMV Cutoff
Requests from customers in Austria and Slovakia for Russian natural gas supply via Ukraine rose …