QatarEnergy Selects Shell as Second International NFS Expansion Partner
10.31.2022 By TankTerminals.com - NEWS

October 31, 2022 [Oil&GasJournal] – QatarEnergy selected Shell plc as its second international partner in the North Field South (NFS) expansion project, which comprises two LNG mega trains with combined capacity of 16 million tpy.

 

QatarEnergy selected Shell plc as its second international partner in the 16-million tonne/year (tpy) North Field South (NFS) expansion project comprised of two 8-million tpy liquefaction trains. The project is expected to raise Qatar’s total LNG production capacity to 126 million tpy.

Shell will hold an effective net participating interest of 9.375% out of a 25% interest available for international partners, QatarEnergy and Shell said in separate releases Oct. 23. QatarEnergy will hold the remaining 75% interest.

The North Field Expansion Project, comprising NFS and the North Field East (NFE) expansion projects, will start production in 2026 and will add more than 48 million tpy to the world’s LNG supplies by 2027, QatarEnergy said.

QatarEnergy selected TotalEnergies SE as the first international partner in the NFS project in September (OGJ Online, Sept. 26, 2022). A third partnership “will be announced in due course,” QatarEnergy said.

Pro Trial: Access 10,390 Tank Terminal and Production Facilities

10,390 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Finland's Neste Cuts Margin Target Again as Biofuel Prices Fall
07.26.2024 - NEWS
July 26, 2024 [Reuters]- Finnish oil refiner and biofuel maker Neste narrowed down its annual ren... Read More
Virya, Partners to Invest in 25-MW Belgian Green H2 Project
07.26.2024 - NEWS
July 26, 2024 [Renewables NowBelgian holding company Virya Energy NV and its partners HyoffGreen ... Read More
Valero Plans to Run Refineries at 92% of Combined Capacity in Q3 2024
07.26.2024 - NEWS
July 26, 2024 [Reuters]- U.S. refiner Valero Energy Corp plans to operate its 14 refineries up to... Read More
Angola's New Cabinda Refinery to Start up Later this Year-CEO
07.26.2024 - NEWS
July 26, 2024 [Reuters]- Angola’s new Cabinda crude oil refinery is on track to start up later ... Read More