Saad Sherida al-Kaabi
Doha: Qatar Petroleum (QP) is considering whether to raise the production capacity of its liquefied natural gas trains, in order to process additional gas that will be produced at its planned new North Field project, the company said on Wednesday.
Qatar Petroleum said it had signed an agreement with Japan's Chiyoda Corp to conduct a detailed study of modifications that would be needed to remove bottlenecks from the trains, located in Ras Laffan Industrial City.
The study is expected to be completed before the end of this year, which will allow QP to kick off the FEED work early next year, if it concludes that this option will achieve the optimum value for Qatar.
"This agreement provides Qatar Petroleum with the option of increasing its LNG production with minimum investment..." company president and CEO Saad Sherida al-Kaabi said in a statement.
"Qatar ranks first in the world in the production and export of liquefied natural gas (LNG), the first in the production and export of gas to liquid products (GTL) and the first in the production and export of Helium. Qatar Petroleum is determined to continue its lead position in the gas industry with its expansion plans, both inside and outside Qatar," he added.
In April, Qatar Petroleum announced its intention to develop a new gas project in the southern sector of the North Field with a capacity of about 2 billion cubic feet per day for export.
