Shell joins Qatar's mega-LNG expansion project

Reuters | Doha | Updated: 05-07-2022 15:38 IST | Created: 05-07-2022 15:32 IST
Shell joins Qatar's mega-LNG expansion project
QatarEnergy Image Credit: Wikipedia
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  • Qatar

QatarEnergy on Tuesday signed a deal with Shell for the Gulf state's North Field East expansion, the world's largest liquefied natural gas (LNG) project, following agreements with TotalEnergies, Exxon, ConocoPhillips and Eni.

Shell will take a 6.25% stake in the North Field East expansion project, QatarEnergy CEO Saad al-Kaabi told a news conference.

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

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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