Qatar ups gas reserves, announces new North Field West LNG expansion project

Must Read

OilNOW
OilNOW
OilNOW is an online-based Information and Resource Centre

QatarEnergy has announced that it is proceeding with a new liquefied natural gas (LNG) expansion project – North Field West. The project will further raise the State of Qatar’s LNG production capacity to 142 million tons per annum (MTPA) before the end of this decade, representing an increase of almost 85% from current production levels.

Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, the President and Chief Executive Officer (CEO) of QatarEnergy, announced this during a recent press conference at QatarEnergy’s Headquarters in Doha.

QatarEnergy in new 15-year deal to supply LNG to Bangladesh | OilNOW

Al-Kaabi announced that extensive appraisal drilling and testing have confirmed that productive layers of Qatar’s giant North Field extend towards the west, which allows for development of a new LNG production project in Ras Laffan.

“QatarEnergy has focused its efforts and attention on determining how far west the North Field’s productive layers extend in order to evaluate the production potential from those areas. We have continued geological and engineering studies and have drilled a number of appraisal wells in that area,” the Minister said. 

TotalEnergies, QatarEnergy follow Tullow’s exit from Guyana block | OilNOW

Al-Kaabi also announced the presence of huge additional gas quantities in the North Field estimated at 240 trillion cubic feet, which raises the State of Qatar’s gas reserves from 1,760 to more than 2,000 trillion cubic feet, and the condensates reserves from 70 to more than 80 billion barrels, in addition to large quantities of liquefied petroleum gas, ethane, and helium.

- ADVERTISEMENT -
spot_img

Partnered Events

Latest News

Exxon won’t recover investment in Guyana pipeline until first gas – Routledge

Guyana’s repayment for the US$1 billion invested in the Gas-to-Energy project does not start until it is commissioned. ExxonMobil...

More Articles Like This