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Qatar takes the plunge [NGW Magazine]
Mar 8, 2021 9:45:am
Summary
Qatar could go ahead with the expansion of its LNG complex alone, but there are companies out there looking to boost their LNG supplies. [NGW Magazine Volume 6, Issue 5]
by: Joseph Murphy
Qatar Petroleum (QP) is looking to cement its lead in global LNG supply for decades to come, after formally sanctioning a $29bn expansion of its liquefaction capacity in February.
Following a year in which the global LNG industry was marred by project deferrals and cargo cancellations, QP announced a final investment decision (FID) on February 8 on North Field East (NFE), which will raise its production capacity from 77mn metric tons/year at present to 110mn mt/yr. First gas is scheduled for late 2025 and full capacity should be reached within two years. ....

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