One of the largest and most influential trade shows in the oil and gas sector will be coming to Doha in April 2021!
Qatar will be hosting World Energy Qatar in April 2021, attracting strategy influencers and policy decision-makers from fellow importing and exporting countries.
Qatar is the largest and most established LNG (liquefied natural gas) exporter in the world, with more than a quarter of the market share, so it is no surprise that one of the most successful trade shows will be hosted here.
Held at the impressive Doha Exhibition and Convention Centre in Al Dafna, the ample 47,700 sq m exhibition hall will host more than 150 trade stands, international pavilions, exploration and production (E&P) companies, Qatari business partners, shipping and supply chain providers, and much more.
Over the course of the three-day event, over 150 international companies will be represented with 5,000 trade visitors, alongside a two-day commercial conference attended by government officials and industry leaders, and a one-day youth programme. More than 120 speakers are lined up to interact with the expected 1,300 conference delegates. This will be an ideal platform for business and investment opportunities in this increasingly growing sector.
Visitors will also be able to discuss the future direction of the LNG market with senior executives and industry experts, as well as have the opportunity to take technical tours, including of Qatar’s primary LNG installation.
Local LNG stakeholders will be on hand to explain Qatar’s LNG operations and provide details about their plans for future expansion. With the increasing popularity of LNG, key international specialists will be holding discussions and workshops, with information on how to exploit key markets such as Asia, providing data on buying trends, and predicting the long-term outlook.
World Energy Qatar is the foremost opportunity for all those connected with the LNG industry to come together and learn more about how Qatar is planning to build on its already successful position in the market.
Qatar is the world’s largest exporter of LNG, and has the third largest reserves, after Russia and Iran. However, countries in Asia-Pacific and Europe are increasing their LNG exports each year. There is also a call for more environmentally friendly fuels.
Most of Qatar’s natural gas is in the gigantic offshore North Field, the world’s largest non-associated natural gas field. North Field is located on the northeast coast and covers more than 6,000 sq km – about half the size of Qatar – with 900 tn standard cubic feet of recoverable reserves.
Qatar Petroleum (QP), the national oil company, is responsible for overseeing operations at North Field. The ongoing Barzan Gas Project will develop around 1.9 bn cfpd of wellhead gas, and 1.4 bn cfpd of sales gas for the domestic market, as well as condensate methane, LPG and sulphur.
Qatar lifted its 12-year moratorium on further development of the vast offshore North Field in April 2017 and is currently forging ahead with the largest LNG expansion the industry has ever seen.
In July 2017 QP announced its intention to raise Qatar’s LNG production from 77 mn to 100 mn tons per annum (mtpa) by 2024. This was then increased to 110 mtpa in 2018.
This would be achieved by doubling the size of the new gas project in the southern sector of the North Field, which QP had announced just a few months previously. This will increase the North Field’s production of natural gas, condensate and other associated products by one mn barrels of oil equivalent per day.
The North Field East expansion (NFE) plan in 2017 has now been joined by the North Field South (NFS) expansion, which aims to take capacity to 126 mtpa. In November 2019, HE Saad Sherida Al Kaabi, Minister of State for Energy Affairs and CEO of QP, stated that the finding of a significant gas reserve addition would support a six-train expansion to achieve this rise in capacity to 126 mtpa by 2027.
Qatargas, the world’s largest LNG company, will be executing the projects on behalf of QP. The company develops, produces, and markets hydrocarbons from North Field, operating 14 trains with a total annual production capacity of 77 mn tonnes. LNG from Qatargas is supplied to customers all over the world.
Despite delays caused by the COVID-19 pandemic, site preparation and the development of incremental gas production are already under way. QP wants the startup of the first four trains to happen by 2025.
To date, QP has awarded a number of contracts relating to the expansion project, including the basic design for four 7.8 mtpa mega-trains, a tender for the construction of at least 60 LNG carriers, and eight offshore jackup drilling rigs. QP has received final proposals from three engineering consortiums for the construction of the four new production trains at Ras Laffan, each capable of producing 8.25 mtpa.
World Energy Qatar will take place 5 – 7 April 2021. For more details, visit worldenergyqatar.com
Author: Sarah Palmer
This feature is an editorial from the ‘Oil, Gas and Petrochemicals’ section in Marhaba – Issue 79 (December 2020). Check out Marhaba’s FREE e-Guides here.
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