HOME OPPORTUNITIES SERVICES CONTACT US Qatar : The world’s leading producer of LNG. April 8, 2021 Qatar is the world’s largest producer of Liquefied Natural Gas, along with Australia. From Google Images After its listing on the stock exchange, the French company Technip Energies and its Japanese partner Chiyoda have won a large contract that will allow Qatar to increase its production of Liquefied Natural Gas by more than 40%. The portion of the project awarded to the French Japanese joint venture is worth a total of $13 billion, half of which is for Technip. It includes the delivery of four giant gas liquefaction units – each with a capacity of 8 million tons of LNG per year – and associated infrastructure. According to Chiyoda, a system to capture and store CO2 is also planned. This new system would reduce the new site’s greenhouse gas emissions by a quarter. The new Qatari facilities will be connected to the world’s largest natural gas field, the offshore North Field, which Qatar shares with Iran. Indeed, the North Field East Project represents a total investment of 29 billion dollars. It is therefore the largest natural gas project in history. According to Wood Mackenzie, Qatar’s production costs are among the lowest in the world for LNG, along with those of the Siberian Arctic Yamal and Arctic LNG2, which are two projects developed by Russia’s Novatek and its partner Total. These new facilities will enable it to further increase its exports. After their gradual commissioning in 2025 and 2026, Qatar plans to increase its exports from 77 to 110 million tons per year. This will enable it to maintain its position as the world’s leading LNG producer. But Qatar has to face another country: The United States has massively increased its capacity to export its cheap shale gas. Australia’s production is set to stagnate. Register your CV with us today and be the first to know about new opportunities coming. By Andréa Arbiol See All Jobs See All News Submarine cable in Morocco to link 10.5GW wind and solar complex to UK grid France’s first offshore wind farm will be built in Saint-Nazaire in the spring of 2022 Privacy policy | Legal Information Website design by Gravitas London By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Cookies Settings Reject All Accept All Cookies