Qatar Petroleum to become sole owner of Qatargas

Qatar PetrLNG AdobeStock 343439984oleum will become the sole owner of Qatargas Liquefied Natural Gas Company Limited (QG1) as of 1 January 2022, upon the expiry of the QG1 joint venture

QG1, a joint venture between Qatar Petroleum and affiliates of Total ExxonMobil, Marubeni and Mitsui, was established in 1984 and pioneered the first LNG project in Qatar, paving the way for the development of the country’s successful LNG industry.

HE Saad Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs and president and CEO of Qatar Petroleum said, “The takeover by Qatar Petroleum will conclude more than 25 years of successful operations of QG1, from which the first ever Qatar LNG cargo was exported. This is a momentous event that highlights Qatar Petroleum’s efforts to further enhance the utilisation of our natural resources for the benefit of our country and its current and future generations, as well as to continue serving the world’s need for cleaner energy.”

“I would like to thank our valued partners, Total, Exxonmobil, Marubeni and Mitsui for their efforts in the development and operation of QG1 over the past three decades,” he continued.

With a production capacity of around 10 million tonnes per annum of LNG, QG1 facilities will continue to be operated by Qatargas on behalf of Qatar Petroleum. 

Hits: 2199

Eni closes agreement for Damietta liquefied natural gas plant

Eni Egypt 11 MarchEni has closed agreement with partners for the restart of Damietta liquefied natural gas plant in Egypt and amicable settlement of Union Fenosa Gas disputes

Hits: 3614

Read more ...

Qatar Petroleum, LNT Marine, Shanghai Waigaoqiao Shipbuilding to develop LNG carrier designs

Qatar LNG vesselQatar Petroleum, along with several leading international LNG players, has signed a multi-party agreement with LNT Marine, the American Bureau of Shipping (ABS), and Shanghai Waigaoqiao Shipbuilding (SWS) to develop new medium and large liquefied natural gas (LNG) carrier designs

Hits: 2880

Read more ...

First LNG cargo from Damietta liquefaction plant successfully lifted

LNG cargo Eni storyEni has announced that the first LNG cargo from the Damietta liquefaction plant in Egypt was successfully produced and lifted

Hits: 2321

Read more ...

Qatar Petroleum takes FID on North Field East

Qatar 2021 storyQatar Petroleum has taken final investment decision (FID) on the North Field East project 

Hits: 2767

Read more ...

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W:

twn Are you sure that you want to switch to desktop version?