QP advances in LNG and oil
Further North Field expansion tenders are out, as Qatar sends strong signals to potential partners that it can go alone
Qatar Petroleum (QP) floated a tender in mid-September for a third package of onshore work relating to the company's estimated $18bn North Field expansion (NFE) project. NFE will see development of reserves in the south of the supergiant gas field and the construction of four new liquefaction trains at Ras Laffan port to increase LNG capacity from 77mn t/yr to 110mn t/yr. NFE would restore Qatar's long-held position as the world's pre-eminent exporter of the fuel—set to be seized shortly by Australia—although in the longer-term the US could eventually outstrip the Gulf state. And the accelerated tender programme may be a strong sign to potential partners of their disposability, at least on a
Also in this section
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
