• <a fr-original-style="" href="https://www.bloomberg.com/news/articles/2022-10-23/shell-to-invest-in-qatari-liquefied-gas-project" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Shell</a> will invest in Qatar’s latest liquefied natural gas development project, taking a 9.375% stake in North Field South that will expand the Gulf country’s LNG output by 16 million tons a year, Energy Minister Saad Al-Kaabi said at a signing ceremony in Doha on Sunday.<img src="https://images.aposto.com/2022/9/0/1666549579104.png" style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" ratio="2.01" width="550" alt="Offshore platform" fr-original-style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable">QATARGAS<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">A step back: TotalEnergies had joined the project in September, also with a 9.375% stake worth around $1.5 billion. North Field South is expected to send out its first cargo in 2027, meaning it won’t ease supply crunches in the next few years.</li></ul>

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