Qatar Petroleum Issues Tender

Qatar Petroleum issued an Invitation to Tender Package for Engineering Procurement and Construction EPC to expand its common lean liquefied natural gas LNG storage and the loading and export facilities for its North Field Expansion NFE Project. The tender package which was issued to world class contractors calls for the engineering procurement and construction of three LNG storage tanks compressors to recover tank boil off gas during storage and jetty boil off gas during LNG vessel loading LNG rundown lines from the LNG trains to the LNG storage area two additional LNG berths with an option for a third LNG berth and loading and return lines from the LNG berths to the tanks.Commenting on the announcement His Excellency Mr. Saad Sherida Al-Kaabi the Minister of State for Energy Affairs the President CEO of Qatar Petroleum said Issuing this tender package reflects Qatar Petroleums unique contracting strategy approach for the North Field Expansion Project. Under this strategy we have identified the need for multiple EPC packages that can match the execution expertise in the EPC contracting community for specific scopes of work while providing the opportunity for multiple EPC contractors to participate. The issuance of this tender package will culminate in the award of this EPC contract by February 2020.In concluding his remarks His Excellency said this tender package is part of a strong drive to put the various NEF project components in place including four mega LNG trains that would expand the State of Qatars LNG production from 77 million tons per annum to 110 million tons by 2024. This also includes the recently announced major LNG ship-building campaign expected to initially deliver 60 LNG carriers in support of the planned production expansion with a potential to exceed 100 new LNG carriers over the next decade.Qatargas is entrusted with executing this mega-project on behalf of Qatar Petroleum. As the Worlds Premier LNG Company Qatargas has an established history in delivering such major projects and in operating various onshore and offshore facilities in the North Field with a high degree of reliability and operational excellence.