LNG

Qatar Petroleum has awarded the front-end engineering and design contract for the North Field expansion project's offshore pipelines and topsides facilities to liquefy and export an additional 33 million tonnes per annum of LNG.

Qatar has said that qualified shipyards in South Korea were being invited to participate in a tender for the provision of newbuild slots for dozens of LNG carriers required for the expansion of the Gulf nation’s North Field resources and the building of up to four new processing Trains.

Qatar Petroleum said all the contracts for the expansion project at the Ras Laffan complex would be awarded by the end of 2018 while the new 100 million tonnes per annum production target would be met by the end of 2023.

Anti-trust investigations by the European Commission into LNG agreements between Qatar and European energy companies has led Qatar Petroleum to say it gave the “highest importance” to compliance around the world and would cooperate with Brussels.

Qatar Petroleum, owner of the largest global liquefied natural gas producer Qatargas, has launched its latest corporate strategy aimed at increasing output from the current 77 million tonnes per annum to 100 MTPA of LNG in its Arab Gulf operations as it also expands its global energy exploration and production activities.

National Grid, the UK transmission network operator and liquefied natural gas terminal owner, has signed an agreement to sell 61 percent of its British pipelines business for around $10.6 billion to a consortium led by the infrastructure unit of Australian bank Macquarie and other investors, including the state of Qatar.