Brief: QP CEO says can develop North Field alone, bids from IOCs to start

Chiyoda

08/02/2021 14:41

Feb 8 (Reuters) - 
    * QP CEO SAYS CURRENTLY WE ARE EXPANDING QATAR'S NORTH FIELD
LNG
PROJECT ALONE
    * QP CEO SAYS BIDS FROM IOCS TO JOIN FOR AROUND 30 PERCENT
WILL
START NEXT WEEK
    * QP CEO SAYS IF OFFERS FROM IOCS WERE NOT ACCEPTABLE WE ARE
READY
TO DO IT ALONE
    * QP CEO SAYS PLAN TO REACH FULL LNG PRODUCTION CAPACITY
FROM
NORTH FIELD EAST BY LATE 2026 OR EARLY 2027
    * QP CEO SAYS FINALIZING DECISION ON IOCS PARTNERSHIPS FOR
NORTH
FIELD EXPANSION PROJECT EXPECTED BY END OF 2021
    * QP CEO SAYS THERE IS ALSO INTEREST FROM OUR BUYERS FOR A
SMALLER
STAKE IN NORTH FIELD LNG EXPANSION
    * QP CEO SAYS NOT WORRIED ABOUT MARKETING ADDITIONAL LNG
VOLUMES
FROM EXPANSION PROJECT


 (Reporting by Rania El Gamal)
 ((rania.elgamal@thomsonreuters.com;))