[ad_1]
They have advanced their giant project in the north of the country, said a senior official.
The managing director of Qatar Petroleum told Reuters
Qatar has prepared a short list of international oil companies vying to participate in the project.
The giant must expand the north field, but may choose to pursue it alone unless proposed
Large companies of great value.
It represents the expansion of Qatar LNG facilities and is already in place
The largest in the world, one of the most profitable projects of the energy sector of the small rich country
By gas, the major oil and gas companies are rushing to take a stake.
Saad al-Kaabi, who is also Minister of Foreign Affairs
Energy, the invitation to bid sent last month, is expected to announce the result
In the first quarter of 2020, Qatar will therefore decide to go ahead with its partners.
"We like the partnership model because of its many benefits.
But because we do not need partners, which is essentially a set of criteria
That we adopt, to show us the added value we get for Qatar if you participate. "
"Maybe they could have given us something abroad," he said.
Reference to LNG assets outside the domestic market of the company.
Qatar Petroleum wants to increase its liquefied gas production to around
110 million tonnes per year of 77 million tonnes per year currently over the next five years of
During the construction of four new production units.
Kaabi told Reuters at his Doha office that given the award of contracts
Remaining to complete the project by the end of 2019, the company is currently preparing a short list of companies.
Who are fighting for participation in the project.
Kaabi did not specify how much of the project would be proposed or how much
Comment the companies on the list.
Qatar plans to supply 33 million tons of liquefied natural gas
New facilities in 2024 will also have to find buyers for an additional 35 million tonnes as they are completed.
Over the next five years, existing contracts have been deferred.
Kaabi refused to specify the criteria that he could
Contribute to win the part of the partners.
Kaabi said that Qatar Petroleum's decision to self-finance the project and put forward
Tender for construction and drilling for evaluation before giving partners the opportunity to buy is part of the strategy
Maximize revenue through what large companies can currently offer Qatar to win a share.
He added that a recently drilled evaluation well had been produced as I
The expected size is a good sign of what will happen.
"It means we have a huge project with huge reserves
North Field is very productive. "
But Qatar is now facing major challenges as global demand begins
LNG weakens in part because of the US-China trade war
At a time when supplies from competitors such as Australia, the United States and Russia have begun to increase.
Rising tensions between the West and Iran could also affect the Gulf
On the country's ability to export gas abroad, while the economic boycott imposed by
Its neighbors can hurt regional sales.
Kaabi said Qatar Petroleum would seek long-term agreements
Supply liquefied natural gas (LNG) to Europe, among others, after its signing last month
An agreement for unloading services at the Zebrog LNG terminal in Belgium and obtained its capacity
Until the end of 2044.
"We will do more in Europe and you will see that," he said.
Qatar Petroleum also plans to conclude at least one concession
In the Upstream sector of the United States, generally exploration rights or a developing area,
Before the end of this year as part of his quest to take advantage of his Golden Pass Harbor export project
Texas LNG, which invests $ 10 billion.
The port, a joint venture with Exxon, should be operational
Mobil, in 2024.
Despite the acquisition of a series of assets over the past year, he said.
Al-Kaabi Qatar Petroleum remains thirsty for new exploration concessions around the world.
"Wherever you find the most attractive tank in the world
You will find us there. "
[ad_2]
Source link
