QatarEnergy recently concluded the selection of international energy company partners in the $29bn North Field East project, which will raise Qatar’s LNG export capacity from the current 77mn tonnes per year to 110mn tpy. 
QatarEnergy’s partners in the single largest project in the history of the global LNG industry are ExxonMobil, TotalEnergies, Shell, ConocoPhillips and Eni.
A highlight of the partner selection process is that QatarEnergy received offers for double the equity available, underscoring the high-quality investment case of the NFE project, thanks to its economic competitiveness, financial resilience, and also its unique environmental features.
Other buyers could join the $29bn North Field expansion “if they add value”, HE the Minister of State for Energy Affaires Saad bin Sherida al-Kaabi said in Doha recently. 
QatarEnergy said: “We had been in discussions with several buyers – or value added partners as well call it, around the world who have shown interest… and very eager interest I would say.”
Besides liquefied natural gas North Field East (NFE) project will produce significant quantities of ethane, LPG, condensate and helium.
The expected production of LNG from the nearly $29bn project would be 32.6mn tonnes annually.
The production of ethane from the project would amount to 1.5mn tonnes per year (tpy), LPG 4mn tpy, 250,000barrels per day of condensate and 5,000 tpy of helium.
LNG is among the cleaner fossil fuels and has considerable demand globally. LPG, condensate and helium too have considerable global demand.
The multi-billion dollar North Field expansion, the largest LNG development in global history, will generate substantial revenues for Qatar and hugely contribute to the country’s GDP, al-Kaabi said.
The North Field expansion, comprising of North Field East (NFE) and North Field South (NFS) will provide significant benefits for all sectors of the Qatari economy during the construction phase and beyond, he said.
NFE will expand Qatar’s LNG export capacity from the current 77mn tonnes per year (MTPY) to 110MTPY (in the first phase expected to be completed by 2025/26).
NFS project will further increase the Qatar’s LNG production capacity to 126mn tonnes per year by 2027.
Four trains will be part of the North Field East (NFE) and two trains will be part of North Field South (NFS) project.
The North Field expansion that will include carbon capture and storage is expected to see the “most responsibly produced LNG” in the world, noted Shell CEO Ben van Beurden.
Speaking in Doha, Van Beurden said: “This expansion is good news for Qatar… for the world… and for Shell.
“Because this responsibly produced gas is consistent with Qatar’s energy sustainability strategy, and also for Shell’s strategy to become a net-zero emission energy business by 2050.”
“I am honoured that Shell has been selected by QatarEnergy as a partner in the NFE project. This agreement deepens our strategic partnership with QatarEnergy, which includes multiple international partnerships such as the world-class Pearl GTL asset,” he said.
Through its pioneering integration with carbon capture and storage, this landmark project will clearly help provide LNG the world urgently needs at a lower carbon footprint.