Qatar Unveiled Yet Another Significant Expansion Project for LNG Industry
QatarEnergy, the state-owned company of one of the world’s leading LNG exporters, is embarking on yet another significant LNG expansion endeavor alongside its two existing projects. The aim is to augment its total LNG export capacity by 85% from current levels by the year 2030.
It has announced its commitment to a new LNG expansion initiative, the North Field West project, following successful drilling appraisal wells at the North Field, the world's largest natural gas field shared with Iran. The discovery of substantial additional gas reserves in the field spurred this decision.
The North Field West project complements the ongoing expansions of North Field East (NFE) and North Field South (NFS). Collectively, these three projects are anticipated to elevate Qatar’s LNG production capacity to 142 million tons per annum (MTPA) by the end of this decade, marking an impressive surge of nearly 85% from the current production level of 77 MTPA.
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