State-owned Qatar Petroleum will raise Qatar’s liquefied natural gas (LNG) production capacity to 126 million tonnes per annum (mtpa) by 2027, an increase of 64% from the current 77 mtpa.
Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, also announced that new studies have revealed that the North Field’s productive layers extend well into Qatari land in Ras Laffan, paving the way for a new LNG production project in the north of Qatar.
Minister Al-Kaabi confirmed gas reserves of the North Field exceed 1760 trillion cubic feet, in addition to more than 70 billion barrels of condensates, and massive quantities of LPG, ethane, and helium.
Qatar’s expansion plans, with four new production facilities, known as LNG trains, is potentially a boost for future worldwide helium supplies which would help ease the current shortage, and is potentially a new Qatar 4.
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