QatarEnergy Partnership with TotalEnergies in the North Field South LNG Expansion Project

QatarEnergy has selected TotalEnergies as the first international partner in the North Field South (NFS) expansion project. The NFS project comprises 2 LNG trains with a combined capacity of 16 million tons per annum (MTPA). The partnership agreement was signed on September 24th, 2022 at QatarEnergy’s headquarters in Doha. TotalEnergies will obtain a 9.375% participating interest in the NFS project out of a total 25% interest available for international partners. QatarEnergy will hold the remaining 75%.

In June of 2022 TotalEnergies was awarded a 25% interest in the North Field East (NFE) QatarEnergy LNG project. NFE is a 32 million tons per annum (Mtpa) project launched by QatarEnergy in summer 2019.  Through its combined interests in NFE (6.25%) and NFS, TotalEnergies will add 3.5 Mtpa of LNG production to its LNG portfolio by 2028.  TotalEnergies objective is to increase the share of natural gas in its sales mix to 50% by 2030.

Together, NFE and NFS form the wider North Field Expansion project. Plans for the North Field Expansion project are to increase LNG production from the North Field, adding 48 Mtpa to Qatar’s export capacity and bringing it to 126 Mtpa by 2028. The upstream part of the project will develop the southern area of the North Field with five platforms, 50 wells and gas pipelines to the onshore processing plant. Downstream, there will be two 8 Mtpa liquefaction trains.