CORPORATE STRATEGY

Why Qatar LNG Win Is a Game Changer for Total

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Vladimir Astapkovich/Sputnik via AP
  • The long wait for Qatar's LNG megaexpansion ends as TotalEnergies secures the first equity position in 32 million ton per year North Field East (NFE).
  • Low-cost and low-carbon production, coupled with the huge surge in demand for LNG triggered by the Ukraine crisis, make this the most anticipated project in years.
  • Further awards are expected within days, with Exxon Mobil, Shell, ConocoPhillips and Eni tipped to win stakes in the $28.75 billion scheme.

The Issue

Topics:
LNG Projects, Low-Carbon Policy, LNG Supply, Corporate Strategy
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