Thursday, October 29, 2020
banner
Home /  Nation  /  North Field expansion to raise Qatar LNG production base to 126mn tonnes per year: Kaabi

North Field expansion to raise Qatar LNG production base to 126mn tonnes per year: Kaabi

QNA
Doha
Minister of State for Energy Affairs and President and CEO of Qatar Petroleum HE Eng Saad bin Sherida al Kaabi has said that the North Field expansion project, which will raise the production capacity of LNG from 77 million to 126 million tonnes per year, is at the forefront of the ministry’s projects.
In his statement to QNA on the occasion of Qatar National Day, Kaabi said that Qatar Petroleum is currently working on a project to build and operate a new global petrochemicals complex in Ras Laffan Industrial City with a production capacity of 1.9 million tonnes per year, in order to maximise the benefit of ethane produced from the various North Field projects.
He explained that the petrochemicals complex project will include two high-density polyethylene units with a production capacity of one million tonnes each. The project is expected to start production in 2025.
Kaabi noted that the Ministry of Energy and Qatar Petroleum have adopted Qatar National Vision 2030, which is based on rational management of abundant hydrocarbon resources to ensure that living standards are raised for present and future generations.
He added that the energy sector in the country, led by Qatar Petroleum and its group of companies and projects, work on the management and investment of the State’s hydrocarbon resources in order to achieve sustainable development.
Kaabi said celebrating National Day is an occasion to “renew the pledge of loyalty to the homeland and to work together to bolster the foundations laid by the founder for a better future and further splendour and glory under the wise leadership of the Amir HH Sheikh Tamim bin Hamad al Thani.
Kaabi said QP has adopted a global expansion strategy that embodies the vision of HH the Amir to expand and enhance Qatar’s leading role in the field of energy at the global level. Together with its partners, QP has carried out prospecting and exploration projects in a number of South American and African countries, as well as the Eastern Mediterranean and the Arabian Sea.
QP has also strengthened its global presence through a number of LNG export and reception ports, such as the South Hook LNG terminal in the United Kingdom, Zeebrugge LNG terminal in Belgium, Adriatic LNG terminal in Italy, and Golden Pass LNG terminal in the US, he added, praising the leading role of Qatargas, the global liquefied natural gas giant, in providing clean energy to consumers across the globe.

Pages