Qatar to raise LNG production by 30% to 100 million mt/year by 2024: QP CEO

4 Jul 2017   Qatar

Qatar plans to raise its already huge LNG production capacity by 30% to 100 million mt/year, state-owned Qatar Petroleum’s CEO said Tuesday. The announcement at a media conference in Doha came just three months after Qatar in April lifted a 12-year moratorium on further development on its vast offshore North Field, which ranks as the world’s largest conventional non-associated gas field, shared with Iran. QP announced in early April plans to develop a new gas project in the southern sector of the North Field with a capacity of about 2 Bcf/d for export. Today it doubled the size of the proposed development to 4 Bcf/d. This was the first project announced for the field since 2005. Article continues below… LNG Daily is essential reading as LNG supply dynamics continue to change in big markets like Japan, China, India and the U.S. This premier independent news publication for the global […]

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