QatarEnergy’s chief executive on Sunday named Shell a partner on the company’s North Field South (NFS) expansion, part of the world’s largest LNG project.
Shell will have a 9.3% share of the project and QatarEnergy will keep 75%, Saad al-Kaabi, who is also Qatar’s minister for energy, said at a news conference.
The development contract for NFS would be awarded in the first quarter of 2023, Kaabi said.
QatarEnergy was open to discussing working with Shell in all energy sectors, he added.
Last month, QatarEnergy selected TotalEnergies as the first international partner in the NFS expansion project
The North Field is part of the world’s biggest gas field that Qatar shares with Iran, which calls its share South Pars.
State-owned QatarEnergy earlier this year signed deals for North Field East, the first and larger phase of the two-phase North Field expansion plan, which includes six LNG trains that will ramp up Qatar’s liquefaction capacity from 77 million tons per annum to 126 million tons by 2027.
TotalEnergies, Shell, Exxon, ConocoPhillips and Eni took stakes in the North Field East expansion phase, and last month TotalEnergies was named as the first partner in the North Field South project.
QatarEnergy had said partners for the North Field South would be selected from those already involved in the first phase.
