Qatar hands McDermott role in LNG expansion
Qatar Petroleum's new mega-trains project is gaining momentum
Qatar Petroleum has awarded the contract for the fabrication and installation of the offshore jackets for the 32mn t/yr four train expansion project of its Ras Laffan LNG liquefaction plant to US engineering firm McDermott, its CEO Saad Sherida Al-Kaabi, who is also minister of state for energy affairs, revealed today at LNG2019.
The four new LNG train will increase the production capacity of the country's LNG fields from 78mn t/yr to 110mn t/yr.
Al-Kaabi also revealed that it has awarded the contract for the early site works for the new trains to Athens-headquartered Middle Eastern construction firm Consolidated Contractors Company and a local contractor.
"We are in the tendering phase for eight rigs for the development drilling, and the front-end engineering and design of the onshore facilities will be completed in the next few days. In the next few weeks, qualified shipyards will be invited to a tender for the LNG shipping fleet required for the expansion," says Al-Kaabi. "The project is going full steam ahead, and is on schedule to start production in 2024".
He went on to say that Qatar Petroleum expects to see a global gas supply gap of 75mn t/yr by 2030 that cannot be met by pipeline transit. "We see the energy surplus disappearing by the start of the next decade and the market tightening."
There is expected to be huge interest among oil majors for stakes in the expansion project.