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[29] [30] [31] In October 2023, QatarEnergy announced that it would provide 1 million tons a year of LNG from Qatar's North Field expansion project for 27 years to Eni. The long-term sale and purchase agreement will begin in 2026, where supplies will be delivered to the floating storage and regasification port unit in Piombino , Tuscany .
Ras Laffan Industrial City is Qatar's main site for production of liquefied natural gas and gas-to-liquid. It hosts among others ORYX GTL and Pearl GTL plants, QatarEnergy LNG plants, and the Dolphin gas processing plant, the Laffan Refinery, and Ras Laffan A, B, and C integrated water and power plants. With an enclosed water area of ...
QatarEnergy LNG was established in 1984 as Qatargas (Qatargas Liquefied Gas Company Limited), a joint venture between QatarEnergy, ExxonMobil and other partners. In the following years the company began developing the North Field and erected the first three LNG trains (Train 1, 2 and 3) with a design capacity of 3.3 million tonnes per year each.
Location of Qatar. Qatar is a sovereign country located in Western Asia, occupying the small Qatar Peninsula on the northeastern coast of the Arabian Peninsula. Oil was discovered in Qatar in 1940, in Dukhan Field. [1] The discovery transformed the state's economy. Now, the country has a high standard of living for its legal citizens.
Construction began in 2020 and was completed in October 2023 (core and shell+ lobby finishings). [3] The 1.1 million-square-metre development is host the headquarters for the Qatar National Bank , Qatar Central Bank and Qatar Investment Authority alongside several other global organisations including Qatari Diar.
QIPCO Holding was founded in 1999, initially as a property developer and equity investor, in an effort to claim a stake and contribute to Qatar’s development. [1] It has investments with global companies in various sectors including real estate, construction, oil and gas, trading and advanced services, and finance and joint ventures.
The Qatar Investment Authority (QIA; Arabic: جهاز قطر للإستثمار) is Qatar's sovereign wealth fund. [2] The QIA was founded by the State of Qatar in 2005 to strengthen the country's economy by diversifying into new asset classes. In November 2024, the QIA had an estimated $526 billion of assets under management. [3]
The Dolphin Gas Project was conceived in 1999 to produce, process, and transport natural gas from Qatar's North Field to the UAE and Oman. [1]Despite the Qatar diplomatic crisis and the temporary severing of Qatar—UAE ties in 2017, the pipeline was unaffected and continued normal operations.