By Maha El Dahan
ABU DHABI, Nov 3 (Reuters) - The CEO of QatarEnergy, one
of the world's biggest liquefied natural gas producers, told
Reuters on Monday that the company's massive North Field
expansion project will produce its first LNG in the second half
of 2026.
The state-owned company said in May that first production at the
field, which according to CEO Saad al-Kaabi was originally
planned for the end of this year, would begin in mid-2026.
Al-Kaabi attributed any delays to slowdowns related to COVID
restrictions earlier this decade, and not to geopolitical
tensions.
"I'm still looking at somewhere in mid-2026, in the third,
fourth quarter 26 maximum," Kaabi said in an interview on the
sidelines of the annual ADIPEC energy conference.
"It's looking quite positive. I think we are on track to
meet that date. With these huge projects, it can move up and
down a few months, but that's basically the range we're looking
at."
When at full production, the North Field expansion project
is expected to produce 126 million metric tons of LNG per annum
by 2027, boosting QatarEnergy's output by some 85% from its
current 77 mtpa.
The project involves the construction of six industrial units
that cool natural gas into liquid form for export by ship, which
are commonly known as gas trains. Production will begin when the
first train is operational, Kaabi said.
QatarEnergy has not said when full production would be
reached.
Qatar said in June that an Israeli strike on Iran's portion of
the shared gas field, some 200 km (124 miles) from QatarEnergy's
installations, was a reckless move.