DOHA, May 16 (Xinhua) -- A multinational joint venture has won a 10-billion-U.S. dollar contract of Qatar's North Field South (NFS) liquefied natural gas project.
The joint venture formed by France-based Technip Energies and Consolidated Contractors Company, a Greece-based construction company, was awarded the engineering, procurement, and construction contract, state-owned QatarEnergy announced Tuesday.
The contract includes the construction of two mega LNG trains with a combined capacity of 16 million tons per annum, relevant facilities for gas treatment, natural gas liquids recovery, as well as helium extraction and refining in Ras Laffan Industrial City.
"QatarEnergy is proud to announce yet another significant milestone in the world's largest LNG project, reinforcing our commitment to meeting the global demand for natural gas," said Saad Sherida Al-Kaabi, the minister of state for Energy Affairs of Qatar who also serves as the president and CEO of QatarEnergy, at a ceremony to mark the award of the contract.
QatarEnergy holds a 75 percent interest in the NFS project and has already signed partnership agreements with TotalEnergies, Shell and ConocoPhillips for the remaining 25 percent.
Currently, Qatar has a LNG capacity of approximately 77 million tons per year and plans to increase it to 126 million with the future development of the North Field East and the NFS LNG projects.
Qatar ranks third globally in terms of natural gas reserves, and its production and export of LNG have consistently been among the highest in the world. ■
