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With QatarEnergy’s exercise of EPC-3 Contract options, the planned duration of the project is 47 months and the final contract amount exceeds 800 million dollars
QatarEnergy has exercised the North Field South Options for the North Field Expansion Project EPC-3 contract to expand the existing liquid product storage and loading facilities required for two future additional LNG trains that are planned for the North Field South project.
The North Field Expansion Project EPC-3 contract, which was awarded on 19 August 2021 to Técnicas Reunidas, provides for the engineering, procurement, and construction (EPC) to expand the existing infrastructure for increased liquid production from four new LNG trains announced in February 2021 for the North Field East project with scheduled start-up of the first LNG train by year-end 2025.
The exercise of the North Field South options includes the expansion of existing liquid storage and loading facilities for light naphtha and field condensate, propane and butane and the expansion of existing storage facilities for Mono-ethylene glycol, within Ras Laffan Industrial City. The planned duration of the project is now 47 months, and the contract value exceeds 800 million dollars.
This contract is the culmination of front-end engineering and design (FEED) work that began in early 2018. When completed, the North Field East (NFE) Project will increase the State of Qatar’s liquefied natural gas (LNG) production capacity from 77 million tons per annum (Mtpa) to 110 Mtpa. The second phase of the planned LNG expansion for the North Field South (NFS) Project, will further increase Qatar’s LNG production capacity from 110 Mtpa to 126 Mtpa. The NFE Project and NFS Project are both part of the North Field Expansion (NFXP) Project
Qatargas, the world’s premier LNG company, is executing the North Field Expansion (NFXP) project on behalf of QatarEnergy. Qatargas has a well-established history in delivering major projects and operating LNG trains and associated facilities in Qatar with a high degree of safety, reliability, and operational excellence.
The Spanish company Técnicas Reunidas is one of the most important in its sector on an international scale, with a presence in 25 countries and a track record that totals more than 1,000 industrial plants in its 60 years of experience.
Its activity is mainly focused on engineering projects, the development of industrial plants for the production of clean fuels and petrochemical products, the production and processing of natural gas, and the promotion of advanced low-carbon technologies, such as green hydrogen, CO2 sequestration and capture, biofuels, waste recovery, etc.
It has more than 7,500 employees, most of them highly qualified engineers, and its revenues reached 3.5 billion euros in 2020.