Qatargas has signed a “Letter of Award" with Chiyoda Technip Joint Venture for the construction of four new LNG mega-trains for the North Field East Project (NFE), the world's largest LNG project, which will raise Qatar's LNG production capacity from 77 million tons per annum (MTPA) to 110 MTPA.

In addition to LNG, the project will produce condensate, LPG, ethane, sulfur and helium. It is expected to start production in the fourth quarter of 2025 and its total production will reach about 1.4 million barrels oil equivalent per day.

The project's key onshore engineering, procurement and construction (EPC) contract was signed by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum and Chairman of the Board of Directors of Qatargas, Mr. Kazushi Okawa, the Chairman of the Board and CEO of Chiyoda Corporation, and Mr. Arnaud Pieton, the President of Technip Energies, in the attendance of Khalid bin Khalifa Al Thani, Chief Executive Officer of Qatargas, and senior executives from Qatar Petroleum, Qatargas, Chiyoda, and Technip.

The main scope of the EPC contract is the construction of 4 mega LNG trains with a capacity of 8 MTPA each, with associated facilities for gas treatment, natural gas liquids recovery, as well as helium extraction and refining within Ras Laffan Industrial City.

One of the most important environmental elements of the NFE project is its CO2 capture and sequestration (CCS) system that will be integrated with our wider CCS scheme in Ras Laffan, which -once fully operational- will be the largest of its kind in terms of capacity in the LNG industry, and will be one of the largest ever developed anywhere in the world.

In addition to the CCS scheme, the NFE project will have a number of elements that provide this project with a unique positive environmental proposition, such as:

 - a significant portion of the project's electrical power needs will be provided from Qatar's national power grid, and Qatar Petroleum is in the process of procuring such power from the 800 megawatt solar power plant currently under construction in Al-Kharsaah, in addition to a further 800 megawatts of solar power which Qatar Petroleum will construct in the near future as part of its plans to have a solar power portfolio of more than 4,000 megawatts by 2030;
 - a 'jetty boil-off gas' recovery system, which will help reduce greenhouse gas emissions (GHG) by approximately a further 1 MMTPA of CO2 equivalent;
 - the project will conserve 10.7 million cubic meters of water per year by recovering 75% of the plant's tertiary water;
 - NOx emissions will be reduced by 40% through the application of enhanced Dry Low NOx technology.

The NFE project represents the first phase of LNG expansion in the State of Qatar, while the second phase, referred to as the North Field South Project (NFS), will further increase Qatar's LNG production capacity from 110 MTPA to 126 MTPA. With an expected production start date in 2027, the NFS project involves the construction of two additional mega LNG trains (with a capacity of 8 MTPA each) and associated offshore and onshore facilities. The NFS project was initiated as a result of Qatar Petroleum's successful onshore appraisal activities in the North Field and targets the monetization of gas from the southern sector of the North Field. As these appraisal activities continue, Qatar Petroleum is evaluating further LNG capacity expansions beyond 126 MTPA.

About Qatargas

Qatargas is the world’s largest LNG producing company with a production capacity of 42 MTA. The State of Qatar, as the world’s leading LNG producer, anticipates that the People’s Republic of China will become one of the world’s largest gas markets.

About Chiyoda

Chiyoda Corporation (“Chiyoda”, TSE:6366 ISIN: JP3528600004) is a world-leading, fully integrated international engineering company, and EPC contractor. Since its founding in 1948, Chiyoda has provided engineering, procurement, construction, operation and maintenance services in a wide range of business fields including oil & gas, chemicals and petrochemicals in over 60 countries around the world.

About Technip Energies

With approximately 15,000 employees, Technip Energies is one of the largest engineering and technology companies globally, with leadership positions in LNG, hydrogen and ethylene as well as growing market positions in sustainable chemistry and CO2 management. In addition, the new company will benefit from its robust project delivery model and extensive technology, products and services offering. The Company would comprise the Technip Energies segment, including Genesis – a leader in advisory services and front-end engineering.