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Shell Join North Field East Expansion

LNG

QatarEnergy signed a deal with Shell today to join the North Field East expansion, coming on board with TotalEnergies, Exxon, ConocoPhillips and Eni.

  • Shell will take a 6.25% stake in the project, the same as TotalEnergies and Exxon.
  • Oil majors have been bidding on four of the six tarins that comprise the North Field East Expansion.
  • The project will ramp up Qatar's liquefaction capacity to 126 million tonnes per annum (mtpa) from 77 by 2027.

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