Italian energy company Eni has become the newest partner in the North Field East (NFE) expansion project after being selected by QatarEnergy for a 25% interest in the joint venture (JV).
Revealed yesterday (19th June), the agreement will see Eni joining TotalEnergies, which has also recently signed a deal for 25% interest in the project.
The JV will also hold 12.5% interest in the entire project, including the 4 mega liquefied natural gas (LNG) trains with a combined capacity of 32 million tonnes per annum (MTPA).
The $28.75bn expansion will see Qatar’s LNG export capacity increasing from 77m MTPA to 110 MTPA.
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