QatarEnergy takes over all marketing activities from QatarEnergy LNG

LNG giant QatarEnergy has completed the previously announced integration of all marketing and related activities formerly managed by its unit QatarEnergy LNG, previously known as Qatargas.

In February this year, QatarEnergy said it take over all the marketing and related activities managed by its LNG producing unit.

After that, Qatargas also changed its name to QatarEnergy LNG in September this year.

Established in 1984, Qatargas currently operates 14 LNG production trains with a capacity of about 77 Mtpa in Ras Laffan.

However, state-owned QatarEnergy is significantly increasing LNG production from the North Field.

This first phase of the expansion project will increase Qatar’s LNG production capacity from 77 to 110 Mtpa, while the second phase will further boost capacity to total 126 Mtpa.

QatarEnergy, previously known as Qatar Petroleum, also changed its name in October 2021.

The state-owned firm said in a statement on Sunday that the integration of all QatarEnergy LNG’s marketing activities is a “major move towards consolidating QatarEnergy’s position as a global energy leader and an important milestone to enhance the effectiveness of LNG marketing and sales from Qatar.”

With this integration, QatarEnergy will offer an even more diversified and integrated portfolio of products and services, ensuring a “seamless and enhanced customer experience.”

It will also be the sole point of contact for Qatar’s existing and prospective energy customers globally, it said.

- Advertisements -

Most Popular

BP expects LNG demand to grow up to 40 percent by 2030

UK-based energy giant BP expects global demand for liquefied natural gas (LNG) to rise up to 40 percent by...

Venture Global’s Plaquemines LNG gets OK to introduce gas to GTG

US LNG exporter Venture Global LNG has received approval from US energy regulators to introduce natural gas to the...

AG&P LNG inks deal with BKLS to deliver spot LNG cargo to China

Nebula Energy’s AG&P LNG has signed a deal with Singapore-based BK LNG Solution (BKLS) to deliver one spot liquefied...

More News Like This

GTT bags order for 10 giant LNG carriers

French LNG containment giant GTT has secured an order from China's Hudong-Zhonghua for ten 271,000-cbm liquefied natural gas carriers. GTT...

Golden Pass LNG to speed up pipeline construction

QatarEnergy and ExxonMobil are seeking approval from US energy regulators to increase the peak workforce to speed up the...

Japan’s Chiyoda provides Golden Pass LNG update

Japan's engineer Chiyoda has released an update regarding the construction of the Golden Pass LNG export project in Texas,...

QatarEnergy, ExxonMobil update on Golden Pass LNG work

Energy giants QatarEnergy and ExxonMobil released the latest construction update for their Golden Pass LNG export terminal on the...