Qatar Energy signed a deal with Eni on Sunday on the Gulf Arab state's North Field East expansion, the world's largest liquefied natural gas (LNG) project, following on from an agreement with TotalEnergies earlier this month.
Claudio Descalzi, CEO of Italian energy company Eni and Qatar's Minister of State for Energy and CEO of QatarEnergy Saad al-Kaabi attend the signing ceremony of the partnership between QatarEnergy and Eni for the North Field East Project at the QatarEnergy headquarters in Doha, Qatar June 19, 2022.
Qatar Energy CEO Saad al-Kaabi said Eni would own 25% of a new joint venture, giving it a 3.12% stake in the expansion that is expected to deliver its first gas in early 2026."It is a strategic move for Eni, which expands Eni's presence in the Middle East and gains access to a world leading LNG producer," Eni said in a statement.
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