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Doha takes full control of QG1, highlighting increased capacities


Issue 1123 - 09 Apr 2021

 Regional leaders’ efforts to reshape their key strategic industries was apparent in Qatar Petroleum (QP)’s announcement on 30 March it is to end its Qatargas 1 (QG1) joint venture with ExxonMobil and Total (both 10%), Marubeni and Mitsui (7.5%) as of 1 January 2022, once the 25-year agreements expire. The move to end foreign shareholdings in Qatar’s original LNG project is significant, reflecting Doha’s changing priorities and capabilities.

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