TotalEnergies gains foothold in Qatar gas expansion
TotalEnergies gains foothold in Qatar gas expansion
Qatar on Sunday named France's TotalEnergies as its first foreign partner to develop the world's largest natural gas field and eventually help ease Europe's energy fears.
The French energy major will have a 6.25-percent share of the giant North Field East project that will help Qatar increase its liquefied natural gas (LNG) production by more than 60 percent by 2027, Qatar's Energy Minister Saad Sherida al-Kaabi told a news conference.
Kaabi said it was "a marriage more than an engagement" as the accord will last until 2054.