QatarEnergy awards contract for major LNG production expansion
QatarEnergy LNG, one of the world’s largest liquefied natural gas producers, has awarded the final contract in a series of expansion projects that will raise the Gulf state’s LNG production to 142 million tonnes per annum.
The state-backed company awarded the engineering, procurement and construction contract for the 16 mtpa North Field West project to a consortium comprising France’s Technip Energies, Greece’s Consolidated Contractors Company and the UAE’s Gulf Asia Contracting Company.
In addition to LNG production, the project is expected to produce about 175,000 barrels of oil equivalent per day of condensate, ethane and liquefied petroleum gas.
No financial details or completion date were given.
“The contract represents an important addition to the world’s largest LNG expansion project and reinforces Qatar’s commitment to meeting the growing global LNG demand,” QatarEnergy CEO Saad Sherida Al Kaabi said.
The North Field West project will also include a carbon capture and sequestration capacity of 1.1 mtpa, aligning with the company’s target of capturing and sequestering more than 11 mtpa of CO2 by 2035.
QatarEnergy said it anticipates the first LNG cargo from the project to be produced by the end of 2031.
In February 2024, Qatar announced plans to expand LNG production at North Field from 77 mtpa to 142 mtpa by 2030.
Al Kaabi said in May 2024 that he was bullish on global LNG demand and that his country was likely to raise production beyond the already-targeted levels for 2030.
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