Qatar: $10bn Barzan gas project due in November
Originally slated to come online in 2014, the $10bn RasGas-operated JV between Qatar Petroleum and Exxon Mobil, is set to increase the country’s gas output by two billion cubic feet per day
Operations are due to start on Qatar’s Barzan gas project by 2016-end.
Reuters was informed by the sources close to the project and who chose anonymity as the information was not public knowledge, that operations will begin at Qatar’s Barzan gas project in November.
This comes at a time when the small Gulf State’s domestic energy demand is increasing, as it progresses with $200bn worth of infrastructure projects in preparation for hosting the FIFA 2022 World Cup, as well as the expansion of its national airline, Qatar Airways.
Originally slated to come online in 2014, the $10bn RasGas-operated joint venture between Qatar Petroleum and Exxon Mobil, is set to increase the country’s gas output by two billion cubic feet per day, according to the anonymous sources.
This is estimated to occur when the project reaches capacity in the first half of 2017, the sources added, while both RasGas and Exxon Mobil were not available for comment.
Situated in the North Field gas reservoir, RasGas has said that Barzan’s production will mainly be directed to the power and water sector.