Qatargas has started building four new LNG liquefaction trains in Ras Laffan Industrial City to raise the country's LNG production capacity from 77 Mt/year to 110 Mt/year (+43%). The engineering, procurement, and construction (EPC) contract was awarded in February 2021 to CTJV, a joint venture of Chiyoda Corporation and Technip Energies. CTJV will build 4 LNG trains, each with a capacity of 8 Mt/year, and associated utility facilities, including a large carbon capture and storage (CCS) facility. The new facilities will receive around 62 bcm/year of feed gas from the Eastern sector of Qatar’s North Field. Production is scheduled to start by end-2025 and to reach full capacity in late 2026 or early 2027.
Qatar aims to become the world's largest LNG producer by 2030. QatarEnergy (previously Qatar Petroleum) will become the sole owner of Qatargas in 2022. The company was previously jointly owned by Qatar Petroleum, Total, ExxonMobil, Marubeni and Mitsui. In a second phase, expected in 2027 at the earliest, QatarEnergy could develop the North Field South Project (NFS), which would add two 8 Mt/year liquefaction trains and further increase Qatar’s LNG production capacity from 110 Mt/year to 126 Mt/year.
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