HE the Minister of State for Energy Affairs Saad bin Sherida al- Kaabi confirmed on Sunday that the pace of work in implementing the project to increase Qatar's production of liquefied gas from 77mn tonnes per year (tpy) to 126mn tpy by 2027 is going well, denying media reports that there has been a delay in the project for several months.
Regarding the effects of the Coronavirus 2019 (COVID-19) on LNG shipments for Qatar Petroleum customers and its subsidiaries, the minister clarified, in statements on the sidelines of the General Assembly of Industries Qatar Company, that the coronavirus is a global issue and what happens in the delivery of gas shipments globally occurs with Qatar Petroleum as well.
HE al-Kaabi also stressed that Qatar Petroleum cooperates with its customers in a manner that provides them with their needs and provides them with support in all forms, which is something that Qatar always does.
According to an earlier report published by Gulf Times , HE al-Kaabi had announced in November last year Qatar's plan to raise its LNG production capacity to 126mn tpy by 2027, representing a huge increase of 64% on the current 77mn tpy.
HE al-Kaabi, also the President and CEO of Qatar Petroleum, had said new studies have revealed that the North Field’s productive layers extended well into Qatari land in Ras Laffan, paving the way for a new LNG production project in the north of Qatar.
He had announced that the confirmed gas reserves of the North Field exceed 1,760tn cu ft, in addition to more than 70bn barrels of condensates, and massive quantities of LPG, ethane, and helium.
