Concluding sales agreements for a mountain of LNG capacity due to become available in the second half of the decade is a major priority for QatarEnergy. The firm plans three expansion phases of its domestic LNG facilities which will add 64mn t/y of capacity by the end of the 2020s, and also has to market volumes from a major US project along with those from expiring contracts from its legacy projects.
Since signing the first sales deals for its expansion projects in 2023 (MEES, 25 November 2022), QatarEnergy has contracted 25mn t/y with various buyers, leaving it with another 39mn t/y to be marketed. Of the first phase North Field East (NFE) project’s 32mn t/y, 18mn t/y has been contracted so far, and with deliveries slated to begin in 2026 there remains 14mn t/y left. (CONTINUED - 1063 WORDS)
