World’s largest gas producer Qatar to sharply raise output

LNG production to increase from 77 mil tonnes to 126 mil tonnes per year by 2027. FMTNews LNG

Ras Laffan Industrial City, Qatar’s principal site for production of liquefied natural gas and gas-to-liquid, administrated by Qatar Petroleum.

Minister of State for Energy Affairs and CEO of state-owned Qatar Petroleum Saad al-Kaabi said Qatar’s LNG output of 77 million tonnes per year would increase to 126 million tonnes by 2027.The minister gave no figures about the expected investments required to meet the target. In addition, Kaabi said the field contains 70 billion barrels of condensates, or natural gas liquids, and massive quantities of LPG, ethane and helium.

The tiny Gulf state, which has been under boycott by its Gulf neighbours since June 2017, also pumps over 500,000 barrels of crude oil per day.

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