Qatar expansion gets the go ahead
Qatar Petroleum has taken FID on four more trains at Ras Laffan, the most competitive LNG project in the world. This marks the first FID taken in 2021, with many projects having faced delays because of the global pandemic amongst other reasons. The world’s largest LNG exporter has signed an EPC contract with France’s Technip and South Korea’s Chiyoda for four new 8.0m t/y mega-trains at the North Field East (NFE) expansion, expected to be completed in Q4 2025, in a deal said to be worth $13 billion. The total cost of the NFE project will be $28.75 billion, making it one of the energy industry’s largest investments in the past few years, as well as the largest individual LNG project ever. T
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