Qatar Energy signed a partnership deal with Italian producer Eni on Sunday for the North Field East expansion of the world’s largest liquefied natural gas (LNG) project.
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Qatar Energy CEO Saad al-Kaabi said the joint venture with Eni would own 12.5 percent of the North Field East expansion. Eni would own 25 percent of the joint venture, Kaabi told a news conference.
Qatar is partnering with international energy companies in the first and largest phase of a nearly $30 billion expansion of the North Field project.
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