Qatar Energy partners with Eni for North Field East LNG project

Qatar Energy partners with Eni for North Field East LNG project

Qatar is partnering with international companies in the first and largest phase of the nearly $30 billion expansion that will boost Qatar’s position as the world’s top LNG exporter

Qatar's Minister of State for Energy Affairs and President and CEO of QatarEnergy Saad Sherida Al Kaabi (right) shakes the hand of Claudio Descalzi, CEO of Italian multinational oil and gas company ENI, during a signing ceremony at the QatarEnergy headquarters in Doha on June 19, 2022. Italian company Eni joined Qatar Energy's project to expand production from the world's biggest natural gas field, days after Russia slashed supplies to Italy. — AFP photo

Published: Sun 19 Jun 2022, 6:35 PM

Qatar Energy signed a deal with Eni on Sunday on the Gulf Arab state’s North Field East expansion, the world’s largest liquefied natural gas (LNG) project, following on from an agreement with TotalEnergies earlier this month.

Qatar is partnering with international companies in the first and largest phase of the nearly $30 billion expansion that will boost Qatar’s position as the world’s top LNG exporter.

Qatar Energy CEO Saad Al Kaabi said Eni would own 25 per cent of a new joint venture, giving it a 3.12 per cent stake in the expansion that is