LNG

Qatar Petroleum said it would now raise production capacity to 126 million tons per annum by 2027, an additional 16 MTPA from the previous expansion plan and a 64 percent increase on the current 77 MTPA of output at the Ras Laffan plant in the Gulf.

Qatar Petroleum and ExxonMobil are celebrating the 10th anniversary of the South Hook LNG import terminal that created an “energy bridge” from the Middle East to the United Kingdom and was built at a cost of more than $1 billion to handle up to 20 percent of UK natural gas needs.