Qatar will begin to export liquefied natural gas (LNG) of its project to expand the world’s largest natural gas field in mid -2026, the country’s national energy giant on Tuesday. The increase in production in this field, which extends under the Gulf to the Iranian territory, should bring the total production capacity of Qatar to 142 million tons per year by 2030.
A new expansion to North Field South and North Field West, which will be supposed to be completed in the late decade, will intervene in the process.
“Great relationship with China”
Qatar is one of the main gas producers in the world in the United States, Australia and Russia. Asian countries, led by China, Japan and South Korea, were the main Qatar gas market, but demand has also increased by European countries since the war between Russia and Ukraine questioned.
In recent years, Qatar has concluded other long -term LNG agreements with Totalgies, British shell, Indian Petronet and the Italian ENI, many of which have a record duration of 27 years. Saad Al-Kaabi emphasized that Qatar had a “great relationship with China.” The first GNL agreement was signed with the Chinese group Sinopec in 2022.
At the time of the start of work in the North Field project in October 2023, Qatar Energy indicated that the expansion LNG should begin to be available since 2026.
Source: BFM TV
