Eni enters NFE LNG project in Qatar

Eni has been selected by QatarEnergy as a new international partner in the North Field East (NFE) expansion project.

Eni signed the partnership agreement for the creation of the new Joint Venture company.

Asper the agreement, QatarEnergy will hold a 75% interest while Eni the remaining 25% interest.

The JV will hold 12,5% interest in the entire NFE project, including the 4 mega LNG trains with a combined capacity of 32 MTPA.

The NFE project will expand Qatar’s LNG export capacity from the current 77 million tons per annum (MTPA) to 110 MTPA.

A $28.75 billion investment, NFE is expected to start production before the end of 2025 and will deploy state of the art technologies to minimize overall carbon footprint, including carbon capture and sequestration.