The multi-billion dollar North Field development, the largest ever LNG project in the world, has reached a crucial phase with QatarEnergy beginning to announce partners for NFS project that will further increase Qatar’s liquefied natural gas production capacity from 110mn tonnes per year to 126 mtpy
The planned expansion of production from the North Field and other fields will increase Qatar’s total gas production by an overall of 91%, from about 175 bcm in 2021 to 330 bcm in 2050, according to the Gas Exporting Countries Forum.
Qatar Petroleum (QP) has taken the final investment decision for developing the $28.75bn North Field East Project (NFE), the world’s largest LNG project, which will raise Qatar’s LNG production capacity from 77mn tons per year (mmtpy) to 110 mmtpy by 2025.
Qatar's North Field expansion as well as Hamad International Airport and Hamad Port expansion projects are set to trigger billions of dollars into the construction activity and investment ...
Qatar may tap the debt market again in 2022-25, pending North Field expansion ramp-up, according to Fitch, an international credit rating agency.
The expected commissioning of Barzan natural gas facility could support domestic gas production and contribute positively to Qatar’s growth, Lloyds Bank has said in an overview.
Qatar is “full steam ahead” with the North Field Expansion and will be “awarding all our contracts for the NF expansion projects”, said HE the Minister of State for Energy Affairs Saad Sherida al-Kaabi.
Qatar's downstream segments such as chemicals, plastics and petrochemicals are expected to receive a boost with the expansion of the North Field, though the effects of Covid-19 on long-term prospects remain to be seen, Oxford Business Group has said in a report.
Gas-rich Qatar will be able to achieve "strong" fiscal surpluses for the foreseeable future even if hydrocarbon prices are low, a new report has shown.
Qatar Petroleum (QP) has announced the completed fabrication of the first two jackets required for offshore facilities as part of its North Field Expansion (NFE) Project ...
Qatar Petroleum (QP) may "increasingly tap the debt markets" in the coming years to finance the expansion of liquefied natural gas (LNG) production capacity from the North Field
The work on North Field Expansion project, which is “expected to begin in earnest” in 2020 will provide some boost for Qatar’s construction sector, researcher Dun & Bradstreet has said in a report.