Qatar, one of the world’s leading exporters of liquefied natural gas (LNG), said today that it is working to provide the market with an additional 65 million tonnes of gas per year in the coming years, by increasing the production capacity of its fields.
“QatarEnergy continues to work with its partners to provide the market with around 65 million additional tonnes of LNG annually from the North Field (in Qatar) and Golden Pass projects in the US,” Qatari Energy Minister Saad al-Kaabi said in a statement.
The goal is to “meet the growing demand for cleaner, low-carbon energy, and to improve the energy security of our customers around the world,” he added.
Al Kaabi made this statement after the signing of an agreement with the American ConocoPhillips for the expansion of the North-South Field, which includes two giant LNG production lines with a total capacity of 16 million tonnes per year.
“As we emphasized earlier, these amounts, which will be produced through the scale-up projects, will be the lowest in the world in terms of carbon emissions thanks to carbon capture and sequestration technologies, which will play an important role in supporting the clean energy transition,” the minister added.
Qatar announced in recent months partnership agreements with Western companies such as Shell , ExxonMobil and TotalEnergies, for the expansion of its main Campo Norte and Campo Norte Sur gas fields, with which it assures that it expects to increase its annual production from 77 to 110 million tons.
Qatar, the world’s second-largest gas exporter, is one of the countries with which the European Union (EU) hopes to replace Russian gas exports in the face of possible sanctions against it for the war in Ukraine.