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Asharq Al-Awsat
Asharq Al-Awsat
Business
Doha – Asharq Al-Awsat

Qatar Announces Italy’s Eni as Second Partner in North Field East Project

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. REUTERS/Imad Creidi

Qatar signed a deal with Eni on Sunday on the expansion of the North Field East (NFE) Project, the world's largest liquefied natural gas (LNG) project, following on from an agreement with TotalEnergies earlier this month.

QatarEnergy CEO Saad al-Kaabi said Eni would own 25 percent of a new joint venture, giving it a 3.12 percent stake in the expansion that is expected to deliver its first gas in early 2026.

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