Qatar Petroleum CEO and Minister of State for Energy Saad al-Kaabi told Reuters that Doha has shortlisted international oil companies for a stake in the megaproject, North Field expansion.
Total, Exxon Mobil, Shell, and Italy’s Eni have all offered Qatar Petroleum stakes in prize assets abroad in a bid to win a stake in the multibillion project.
The minister said that his country might still choose to go alone in the project unless partnership offers Doha a significant value.
Qatar Petroleum plans to increase its LNG production from 77 to 110 million tons per year over the next five years by building four new production facilities.
Issue:
Country: