QatarEnergy’s LNG expansion targets early 2027 production amid reports of $3bn loan

QatarEnergy is set to expand its North Field East liquefied natural gas (LNG) project, with the first production unit expected to start up in November and full production expected to begin in the first quarter of 2027. This expansion aims to increase Qatar's export capacity from 77 million to 110 million tonnes annually. The project includes four large production lines, each capable of producing around 8 million tonnes of LNG per year.

The expansion comes as Qatar seeks to recover from Iranian attacks on Ras Laffan in March, which damaged two LNG production units and affected around 17% of the country's export capacity. Additionally, QatarEnergy has secured a $3 billion loan from four Chinese banks to provide general working capital for the project.

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