Qatar Petroleum has announced that it will raise Qatar’s LNG production capacity to 126 million tonnes per annum (MTPA) by 2027, an increase of 64% from the current 77 MTPA.

The announcement was made by HE Saad Sherida Al Kaabi, Minister of State for Energy Affairs and President/CEO of Qatar Petroleum, during a press conference held in Doha this week. The minister also announced the result of new studies on the North Field’s productive layers which, he said extend well into Qatari land in Ras Laffan. This new development will pave the way for a new LNG production project in the north of Qatar.

QP Northfield mapHe said that during the past two years, Qatar Petroleum has worked diligently to determine the degree to which the North Field extends towards the south west, as well as the possibility of production from Qatar’s northern coastal onshore areas.

I am pleased to announce that our appraisal efforts have borne fruit, and that we have confirmation that the productive layers of the North Field extend well into Qatari land in Ras Laffan. Studies and well tests also confirmed the ability to produce large quantities of gas from this new sector of the North Field.’

The latest North Field appraisal well (NF-12) was drilled onshore in the Ras Laffan Industrial City, about 12 kilometres from shore and underwent extensive testing over the past few months. HE Al Kaabi said that the confirmed gas reserves of the North Field exceed 1760 trillion cubic feet, in addition to more than 70 billion barrels of condensates, and massive quantities of LPG, ethane and helium.

These are very important findings, which will have a great positive impact on Qatar’s gas industry, and which will move it forward into bigger and wider horizons. These results will enable us to immediately commence the necessary engineering work for two additional LNG mega trains with a combined annual capacity of 16 million tonnes per annum. This will raise Qatar’s LNG production from 77 million tonnes currently, to 126 million tonnes per annum by 2027, representing an increase of about 64%.

It will also raise Qatar’s overall hydrocarbon production to about 6.7 million barrels oil equivalent per day.’

Minister Al Kaabi also expressed, on behalf of everyone at Qatar Petroleum, the greatest of gratitude to HH Sheikh Tamim bin Hamad Al Thani, the Amir of the State of Qatar, for his leadership and guidance, and for his strong and unlimited support to Qatar’s energy sector.

For more information about Qatar Petroleum, visit qp.com.qa.