Qatar ramps up CCS as key part LNG expansion
QatarEnergy has also updated its sustainability strategy to reduce greenhouse gas emissions with flagship projects to deploy CCS technology to capture over 11 mtpa by 2035, eliminate routine flaring, limiting methane emissions and developing over 5GW of solar capacity.
Global CCS Institute CEO Jarad Daniels points out that CCS has seen unprecedented growth in recent years – 29 commercial facilities in operation and over 100 projects now in development – but much more is required as the latest United Nations IPCC report again stresses the vital role of CCS.
Qatar is gearing up to play its role in the quest for international energy security. The recent green light on the US$30 billion North Field Expansion project will see LNG production rise from 77 mtpa to 126 mtpa by 2027, with all of Exxon Mobil, Shell, TotalEnergies and ConocoPhillips Chevron investing in one of the world’s largest energy projects. Technip, Chiyoda and Saipem have all already picked up major EPC awards.
Hugh Fraser International’s Qatar Ventures Initiative is focussed on supporting technology joint ventures opportunities and will be a major theme for us at ONS2022, GASTECH2022 and ADIPEC 2022.