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Top energy firms bid for stake in Qatar’s LNG projects
Doha News, June 14, 2021
Six global energy giants are bidding to partner in Qatar’s liquefied natural gas output expansion projects.
Six Western energy giants have placed bids to partner in Qatar’s liquefied natural gas output expansion projects, according to industry sources.
This has propelled Qatar as a leading LNG producer while several large projects around the world have stagnated.
Exxon Mobil, Royal Dutch Shell, TotalEnergies and ConocoPhillips, Chevron and Italy’s Eni submitted bids on May 24 for the expansion project, according to Reuters.
The bids show energy giants are still keen to invest in competitive oil and gas projects despite growing pressure on the field to tackle environmental risks such as greenhouse gas emissions and global warming.
