Monday 9 September 2019

Exclusive: #Qatar shortlists partners for North Field expansion, but says it may go it alone - Reuters

Exclusive: Qatar shortlists partners for North Field expansion, but says it may go it alone - Reuters:

Qatar has shortlisted international oil firms for a stake in its expanded North Field megaproject, Qatar Petroleum’s chief executive told Reuters, but may still choose to go it alone unless majors offer it significant value.

The expansion of tiny but gas-rich Qatar’s liquefied natural gas (LNG) facilities, already the world’s largest, is one of the energy sector’s most lucrative projects, and the world’s top oil and gas majors have been racing to secure a stake. 


Invitations to bid were sent out last month and the result is due to be announced in the first quarter of 2020, Saad al-Kaabi, who is also minister of state for energy, said - if Qatar decides to go with partners at all.

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