Mega North Field LNG project to have multiplier effects on Qatar's economy
(MENAFN - Gulf Times) Qatar Petroleum (QP)'s recent investment decision on the $28.75bn North Field East Project (NFE) will further consolidate Qatar's position as the top liquefied natural gas producer and exporter in the world. NFE is one of the global energy industry's largest investments in the past few years, in addition, to being the largest LNG capacity addition ever, and the most competitive LNG project in the world. The project will raise Qatar's LNG production capacity from 77mn tons per year (mmtpy) to 110 mmtpy by 2025. In addition to LNG, the project will produce condensate, L...
Source: menafn.com