Qatar Petroleum has approved construction of the North Field East Project (NFE), the world’s largest LNG project, after making the final investment decision.
NFE will increase Qatar’s LNG production capacity from 77 million tpa to 110 million tpa. As well as LNG, NFE will produce condensate, LPG, ethane, sulphur and helium. Start-up is planned for Q4 2025 and its total production will reach 1.4 million boe/d. Qatar Petroleum will invest US$28.75 billion (€23.71 billion) in the project.
Qatar Petroleum announced the final investment decision at a signing ceremony for the onshore engineering, procurement, construction and commissioning (EPCC) contract, which has been awarded to CTJV, a joint venture between Chiyoda Corporation and Technip Energies.
The scope of the EPCC contract includes four mega LNG trains, each with a capacity of 8 million tpa of LNG, and associated facilities for gas treatment, natural gas liquids recovery, helium extraction and refining within Ras Laffan Industrial City. The facilities will receive 6 billion scfd of gas from the eastern sector of Qatar’s North Field, the largest non-associated gas field in the world. CTJV will also build a carbon capture and storage (CCS) facility, which is expected to lower the carbon emission of the new project by 25% compared to similar facilities. It will have the largest capacity of any CCS project in the LNG industry and will be integrated with the wider CCS scheme at Ras Laffan.
Saad Sherida Al-Kaabi, Qatar’s minister of state for energy affairs and the president and CEO of Qatar Petroleum, said that the project was a ‘landmark’ in his company’s growth in a sustainable manner, and highlighted various other environmental aspects of the project. Qatar Petroleum will procure power for the site from an 800 MW solar power plant under construction in Al-Kharsaah, and will construct another 800 MW of power ‘in the near future’, as part of plans to have a solar portfolio of more than 4,000 MW by 2030. NFE will have a jetty boil-off gas recovery system, to reduce greenhouse gas emissions by around 1 million tpa of CO2 equivalent, will conserve 10.7 million m3 of water annually by recovering 75% of its tertiary water, and will apply enhanced Dry Low NOX technology to reduce NOX emission by 40%.
The EPCC contract was signed by Al-Kaabi, Kazushi Okawa, chairman and CEO of Chiyoda Corporation, and Arnaud Pieton, president of Technip Energies.
‘This project will generate substantial revenues for the state of Qatar and will have significant benefits to all sectors of the Qatari economy during the construction phase and beyond,’ said Al-Kaabi at the ceremony, adding: ‘This event is of particular importance as it comes at a critical time when the world is still reeling from the effects of a global pandemic and related depressed economies. This investment decision is a clear demonstration of the steadfast commitment by the state of Qatar to supply the world with the clean energy it needs.’
Qatar Petroleum is also planning a second phase of LNG expansion, with the North Field South Project (NFS). This phase will include two further 8 million tpa LNG mega trains, taking production capacity to 126 million tpa, and is expected to begin production in 2027. The company is also evaluating further expansions.