Qatar to be top LNG producer for at least two decades
Qatar aims to be the world’s biggest producer of liquefied natural gas (LNG) for at least the next two decades. The country will spend billions to develop the North Field and to increase the capacity by more than 50% to 126 million tons per year.
The country is already a major supplier of LNG and is looking at rising demand as the world transitions from oil and coal to cleaner energy.
State owned oil and gas producer Qatar Petroleum (QP), took a final decision on the North Field expansion project and it is likely to be the only one in the world to pass this milestone in 2021.
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