Shell has joined Qatar in its North Field expansion which will have two LNG mega-trains with a combined capacity of 16 million tonnes per annum (mtpa). Once completed, this would bring Qatar’s total LNG production capacity to 126 mtpa. These new LNG volumes are being brought to the market at an essential time as the world is experiencing its first energy crisis. Shell’s stake in this new venture will amount to 9.375% out of a total 25% for international companies. The project will begin production in 2026. In total, it will add more than 48 MTPA to the world’s LNG supply by 2027. In an effort to reduce carbon emissions, power for the project will come from the national grid The project will also include carbon capture and sequestration.
- QatarEnergy announces Shell as second partner in NFS project