financetom
Business
financetom
/
Business
/
LNG output from QatarEnergy's North Field expansion to start in second half 2026, CEO says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
LNG output from QatarEnergy's North Field expansion to start in second half 2026, CEO says
Nov 3, 2025 2:59 AM

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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Merck to Launch Clinical Development of New Potential HPV Vaccine
Merck to Launch Clinical Development of New Potential HPV Vaccine
Mar 13, 2024
05:50 AM EDT, 03/13/2024 (MT Newswires) -- Merck ( MRK ) said Wednesday it is planning to launch clinical development of a new investigational multivalent human papillomavirus, or HPV, vaccine. The company also said it plans to conduct clinical trials on both women and men to evaluate the safety and efficacy of its single-dose regimen of Gardasil as a way...
Full Truck Alliance Extends $300 Million Share Repurchase Program
Full Truck Alliance Extends $300 Million Share Repurchase Program
Mar 13, 2024
05:35 AM EDT, 03/13/2024 (MT Newswires) -- Full Truck Alliance ( YMM ) said Wednesday it was extending a share repurchase program of $300 million of its American depositary shares through March 12, 2025. The buyback plan was set to expire last Tuesday. Each ADS represents 20 class A ordinary shares and/or ordinary shares. Repurchases may be made through open...
Methane Emissions To Decline From Record High If Existing Climate Pledges Are Fully Implemented, IEA Analysis Says
Methane Emissions To Decline From Record High If Existing Climate Pledges Are Fully Implemented, IEA Analysis Says
Mar 13, 2024
05:59 AM EDT, 03/13/2024 (MT Newswires) -- Despite near-record methane emissions from the energy sector in 2023, full implementation of newly announced pledges on methane would deliver the majority of needed emissions cuts to achieve climate targets, the International Energy Agency said in the latest update of its Global Methane Tracker. The IEA's analysis found that the production and use...
US House to vote to force ByteDance to divest TikTok or face ban
US House to vote to force ByteDance to divest TikTok or face ban
Mar 13, 2024
WASHINGTON, March 13 (Reuters) - The U.S. House of Representatives plans to vote on a bill on Wednesday that would give TikTok's Chinese owner ByteDance about six months to divest the U.S. assets of the short-video app used by about 170 million Americans or face a ban. The vote is expected around 10 a.m. ET (1400 GMT) under fast-track rules...
Copyright 2023-2026 - www.financetom.com All Rights Reserved