As the global energy crisis deepens and countries scramble to secure reliable energy sources, investments in new liquified natural gas (LNG) infrastructure are set to surge, reaching $42 billion annually in 2024, Rystad Energy research shows. These greenfield investments are 200 times the amount in 2020 when just $2 billion …
Read More »Qatar Energy Vows to Erase almost all Methane Emissions by this Date
Qatar Energy, the world’s biggest producer of liquefied natural gas, has joined a group of oil and gas companies aiming to cut almost all methane emissions from their operations by 2030. The Qatari company has signed up to the Aiming for Zero Methane Emissions Initiative, which was founded in March …
Read More »ExxonMobil and QatarEnergy Sign North Field East Agreement
ExxonMobil and QatarEnergy have announced they have signed an agreement to further develop Qatar’s North Field East project, which will expand Qatar’s annual LNG capacity from 77 million t to 110 million t by 2026. The deal was announced at QatarEnergy’s headquarters in Doha. “We are collaborating with QatarEnergy on …
Read More »Italian Energy Company to Own Stake of Qatar Energy after Russian Sanctions
Italian company Eni joined Qatar Energy’s project to expand production from the world’s most extensive natural gas field on Sunday, days after Russia cut supplies to Italy. Eni, the multinational oil and gas company, will now own a stake of just over three percent in the $28bn North Field East …
Read More »Big Oil Set to Win Stakes in Qatar’s Huge LNG Expansion Projects
Some of the biggest international oil and gas majors, including ExxonMobil, Shell, and TotalEnergies, are expected to be awarded stakes in the major expansion projects of one of the world’s top LNG exporters, Qatar, sources familiar with the matter told Bloomberg on Tuesday. Qatar announced last year the world’s largest …
Read More »QatarEnergy Begins Work on Ras Laffan Petchem Project
QatarEnergy and Chevron Phillips Chemical Company (CPChem) have announced awarding the early site works contract for the Ras Laffan Petrochemical Project (RLPP), marking the commencement of execution of the RLPP. Consolidated Contractors Company (CCC) has been selected as the contractor to undertake this work and was awarded a lump-sum contract …
Read More »Qatar LNG Output Falls as Desperate Market in Crisis Begs for more
LNG production in Qatar has fallen this year, even with increased calls for the fuel amid an energy crisis in Europe as the bloc attempts to wean itself off Russian gas, Bloomberg reported on Friday. Qatar exported less than 35 million tons of LNG from January to May—a loss of …
Read More »QatarEnergy Announced as Official FIFA Partner for the FIFA World Cup 2022™
QatarEnergy has been announced as a FIFA Partner, today 27 March 2022, joining the line-up of companies supporting the building excitement for the FIFA World Cup Qatar 2022™. QatarEnergy is one of the largest providers of liquified natural gas (LNG) in the world and is the second Qatar-based company to …
Read More »Qatar to Regain Its Top Slot in LNG Exports by 2026
Qatar is all slated to regain its position as the preeminent and largest exporter of liquefied natural gas (LNG) by 2026 with the North Field (NFE) output coming on stream, according to the latest Qatar Economic Outlook (QEO) Qatar’s LNG exports competed with Australia’s for the first place in 2020, …
Read More »QatarEnergy in 10-Year LNG Supply Deal with China Group
QatarEnergy said that its LNG producing affiliate, Ras Laffan Liquefied Natural Gas Company, has entered into a long-term Sale and Purchase Agreement (SPA) with China’s Guangdong Energy Group Natural Gas Company. The SPA is for the supply of one million tons per annum of LNG to China over a 10-year …
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