Qatar ramps up LNG marketing as NFE work begins
Construction of the world’s largest-ever LNG export project is underway, but it has a long way to go to secure deals for 48mt/yr of new capacity
October was a hectic month for Qatar’s LNG industry and the numerous foreign partners in the projects that make up the North Field Expansion (NFE), the world’s largest-ever LNG project. The month began with a ceremony at Ras Laffan Industrial City to mark the laying of the project’s foundation stone by Emir Sheikh Tamim bin Hamad al-Thani. Several more ceremonies were held over ensuing weeks as long-term SPAs were signed with major foreign partners. From an engineering perspective, Qatar now faces the immense challenge of building six “mega-trains”, each around 1km long and capable of liquefying 8mt/yr of gas. “The Qataris have a lot of LNG to sell” Corbeau, Center on Global Energy Pol
Also in this section
26 July 2024
Oil majors play it safe amid unfavourable terms in latest oil and gas licensing bid rounds allowing Chinese low-ball moves
25 July 2024
Despite huge efforts by India’s government to accelerate crude production, India’s dependency shows no sign of easing
24 July 2024
Diesel and jet fuel supplies face a timebomb in just four years, and even gasoline may not be immune
23 July 2024
Rosneft’s Arctic megaproject is happening despite sanctions, a lack of foreign investment and OPEC+ restrictions. But it will take a long time for its colossal potential to be realised