Qatar Petroleum signs EPC contract for USD28.75 billion LNG project in Qatar

Qatar Petroleum has signed onshore engineering, procurement and construction (EPC) contract with Chiyoda Corporation for the North Field East LNG Project (NFE) in Qatar.

During the signing event, Qatar Petroleum took the final investment decision for developing the world’s largest LNG project, which will raise Qatar’s LNG production capacity from 77 million tons per annum (MMTPA) to 110 MMTPA. 

In addition to LNG, the project will produce condensate, LPG, ethane, sulfur and helium. It is expected to start production in the fourth quarter of 2025 and its total production will reach about 1.4 million barrels oil equivalent per day.

The main scope of the EPC contract is the construction of 4 mega LNG trains with a capacity of 8 MMTPA each, with associated facilities for gas treatment, natural gas liquids recovery, as well as helium extraction and refining within Ras Laffan Industrial City.

The NFE project represents the first phase of LNG expansion in the State of Qatar, while the second phase, referred to as the North Field South Project (NFS), will further increase Qatar’s LNG production capacity from 110 MMTPA to 126 MMTPA. With an expected production start date in 2027, the NFS project involves the construction of two additional mega LNG trains (with a capacity of 8 MMTPA each) and associated offshore and onshore facilities.

The NFS project was initiated as a result of Qatar Petroleum’s successful onshore appraisal activities in the North Field and targets the monetization of gas from the southern sector of the North Field. As these appraisal activities continue, Qatar Petroleum is evaluating further LNG capacity expansions beyond 126 MMTPA.