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  • Qatar Petroleum Announces Plan to Increase Qatar’s Gas Production Capacity by 2 Billion Cubic Feet Per Day
    édité le 03/04/2017 - Plus de news de "QatarEnergy" - Voir la fiche entreprise de "QatarEnergy"


Qatar Petroleum Announces Plan to Increase Qatar’s Gas Production Capacity by 2 Billion Cubic Feet Per Day
Qatar Petroleum announced its intention to develop a new gas project in the southern sector of the North Field and that it will commence work on the project’s details over the next few months.

The announcement was made by Qatar Petroleum's President & CEO, Mr. Saad Sherida Al-Kaabi, who said: "Qatar Petroleum’s technical studies and assessment of the North Field have confirmed the potential for developing a new gas project that can be targeted for export with a capacity of about 2 billion cubic feet per day. It is worth noting that a project of this size will increase the current production of the North Field by about 10%, which will add about 400,000 BBL/D (barrels per day) of oil equivalent to the State of Qatar’s production.”

Mr. Al-Kaabi added: "Since 2005, Qatar Petroleum has been conducting extensive studies and exerting exceptional efforts to assess the North Field, including drilling a number of appraisal wells to better estimate the Field’s production potential, which enabled us to reach this satisfactory result today."

Mr. Al-Kaabi concluded his remarks by stating: "This new project will further strengthen Qatar's leading position as a major player in the global gas industry and underline the pivotal role of the country's oil and gas industry as the mainstay of the national economy. This, in turn, will contribute to and stimulate the economy in both the public and private sectors as part of the comprehensive development of the country and the achievement of the objectives of Qatar National Vision 2030. On this occasion, I am honored to extend my thanks and gratitude to His Highness Sheikh Tamim bin Hamad Al Thani, the Emir of the State of Qatar, for his unlimited support to Qatar’s oil and gas industry, his vision and guidance, which provide the greatest support for us to accomplish our various achievements."​​

About Qatar Petroleum

Qatar Petroleum (QP) is a state-owned corporation established by Decree Law No. 10 in 1974. It is responsible for all phases of the oil and gas industry in the State of Qatar.
The principal activities of QP, its subsidiaries and joint ventures are the exploration, production, local and international sale of crude oil, natural gas and gas liquids, liquefied natural gas, refined products, synthetic fuels, petrochemicals, fuel additives, fertilizers, steel and aluminium.
The operations and activities of QP and its affiliates are conducted at various onshore locations, including Doha, Dukhan and the Mesaieed and Ras Laffan Industrial Cities, as well as offshore areas, including Halul Island, offshore production stations, drilling platforms and the North Field.


Origine : Communiqué QatarEnergy

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