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Satyendra Pathak
Doha
Qatar will sequester more than 7 million tonnes of carbon dioxide (CO2) a year by 2027, Minister of State for Energy Affairs HE Saad Sherida al Kaabi said on Saturday.
Speaking at a plenary session on ‘The future of LNG in meeting the world’s energy demand’ during the Doha Forum 2019, Kaabi said Qatar currently sequester 2.5 million tonnes of CO2 per annum and aims to sequester 5 million tonnes of CO2 from its liquefied natural gas (LNG) facilities by 2025 after commissioning a carbon capture-and-storage plant at Ras Laffan.
The carbon capture-and-storage plant at Ras Laffan, he said, is the largest sequestration facility in the Middle East and North Africa region with a capacity of 2.1 million tonnes of carbon dioxide a year.
“Qatar has for years been the world’s largest LNG producer and exporter. It aims to build a large extension to its sprawling LNG facilities to increase production by 64 percent from the current 77 million tones per annum (mtpa) to 126 mtpa by 2027,” he said.
Kaabi, who is also the President and CEO of Qatar Petroleum (QP), said the design of the expansion has taken into account carbon capture and storage.
“With such new carbon capture and storage projects, Qatar’s LNG industry will be capturing and sequestering more than 7 million tonnes of carbon dioxide per annum by 2027,” he said.
With respect to Greenhouse gas emissions, he said Qatar is investing hundreds of millions of dollars in its North Field LNG expansion project to apply technologies that will result in a 25 percent reduction in such emissions compared to similar facilities through a substantial reduction of fuel gas consumption and capturing and re-injecting carbon dioxide extracted from the feed gas.
“We need to reach the right balance of reliable and secure sources of energy, which maintains our growth needs while at the same time alleviates our environmental concerns,” Kaabi said.
“We believe that natural gas is the destination fuel in energy transition. It’s the cleanest fossil fuel known today. We are working with more countries across the globe to ensure the security of their energy supplies and the sustainability of their economic growth,” he said, adding Doha is also dedicating greater efforts to produce the industry’s most environmentally sustainable LNG.
Kaabi said that global demand for natural gas is set to keep growing driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade.
“With population of over a billion each, China and India are very big consumers of LNG. Natural gas consumption will continue to grow in both countries over the years. With such big consumers as our customers, we believe that there will always be demand for our LNG in the future,” he said.
Besides, he said, Qatar’s LNG has also made its presence in the European continent in a big way.
Total Chairman and CEO Patrick Pouyanne, who also took part in the panel discussion, said growth in gas consumption will continue especially in Asian countries, particularly in South Asia.
“Supplies to meet growing global demand for natural gas will come from both new domestic production in fast-growing economies but also increasingly from major exporting countries, led by the development of abundant shale gas resources in the United States,” he said.
Eni CEO Claudio Descalzi said the strong growth in LNG export capacity will enable international trade to play a growing role in the development of natural gas markets as they move towards greater globalisation.
“Investment in LNG projects have rebounded after several years of decline, and the large number of projects due to take final investment decision in 2019 is likely to further support trade and market expansion. More investment will be needed in the future,” Descalzi said.
Doha
Qatar will sequester more than 7 million tonnes of carbon dioxide (CO2) a year by 2027, Minister of State for Energy Affairs HE Saad Sherida al Kaabi said on Saturday.
Speaking at a plenary session on ‘The future of LNG in meeting the world’s energy demand’ during the Doha Forum 2019, Kaabi said Qatar currently sequester 2.5 million tonnes of CO2 per annum and aims to sequester 5 million tonnes of CO2 from its liquefied natural gas (LNG) facilities by 2025 after commissioning a carbon capture-and-storage plant at Ras Laffan.
The carbon capture-and-storage plant at Ras Laffan, he said, is the largest sequestration facility in the Middle East and North Africa region with a capacity of 2.1 million tonnes of carbon dioxide a year.
“Qatar has for years been the world’s largest LNG producer and exporter. It aims to build a large extension to its sprawling LNG facilities to increase production by 64 percent from the current 77 million tones per annum (mtpa) to 126 mtpa by 2027,” he said.
Kaabi, who is also the President and CEO of Qatar Petroleum (QP), said the design of the expansion has taken into account carbon capture and storage.
“With such new carbon capture and storage projects, Qatar’s LNG industry will be capturing and sequestering more than 7 million tonnes of carbon dioxide per annum by 2027,” he said.
With respect to Greenhouse gas emissions, he said Qatar is investing hundreds of millions of dollars in its North Field LNG expansion project to apply technologies that will result in a 25 percent reduction in such emissions compared to similar facilities through a substantial reduction of fuel gas consumption and capturing and re-injecting carbon dioxide extracted from the feed gas.
“We need to reach the right balance of reliable and secure sources of energy, which maintains our growth needs while at the same time alleviates our environmental concerns,” Kaabi said.
“We believe that natural gas is the destination fuel in energy transition. It’s the cleanest fossil fuel known today. We are working with more countries across the globe to ensure the security of their energy supplies and the sustainability of their economic growth,” he said, adding Doha is also dedicating greater efforts to produce the industry’s most environmentally sustainable LNG.
Kaabi said that global demand for natural gas is set to keep growing driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade.
“With population of over a billion each, China and India are very big consumers of LNG. Natural gas consumption will continue to grow in both countries over the years. With such big consumers as our customers, we believe that there will always be demand for our LNG in the future,” he said.
Besides, he said, Qatar’s LNG has also made its presence in the European continent in a big way.
Total Chairman and CEO Patrick Pouyanne, who also took part in the panel discussion, said growth in gas consumption will continue especially in Asian countries, particularly in South Asia.
“Supplies to meet growing global demand for natural gas will come from both new domestic production in fast-growing economies but also increasingly from major exporting countries, led by the development of abundant shale gas resources in the United States,” he said.
Eni CEO Claudio Descalzi said the strong growth in LNG export capacity will enable international trade to play a growing role in the development of natural gas markets as they move towards greater globalisation.
“Investment in LNG projects have rebounded after several years of decline, and the large number of projects due to take final investment decision in 2019 is likely to further support trade and market expansion. More investment will be needed in the future,” Descalzi said.
