QatarEnergy’s chief executive, Saad Sherida al-Kaabi, has named Shell a partner in the Gulf Arab state’s North Field South expansion, part of the world’s largest LNG project.
Al-Kaabi, who is also state minister for energy, said at a news conference: “Shell will have a 9.3 percent share of the project and QatarEnergy will keep 75 percent.
“The development contract for North Field South would be awarded in the first quarter of 2023. QatarEnergy was open to discussing working with Shell in all energy sectors.”
The North Field is part of the world’s biggest gas field that Qatar shares with Iran, which calls its share South Pars.
Earlier this year state-owned QatarEnergy signed deals for North Field East, the first and larger phase of the two-phase North Field expansion plan, which includes six LNG trains that will ramp up Qatar’s liquefaction capacity from 77 million tonnes per annum to 126 million tonnes by 2027.
TotalEnergies, Shell, Exxon, ConocoPhillips and Eni took stakes in the North Field East expansion phase, and in September TotalEnergies was named as the first partner in the North Field South project.
QatarEnergy has said partners for the North Field South would be selected from those already involved in the first phase.
For more information visit www.qatarenergy.qa
