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Al Jazeera
Al Jazeera
Business

YOU WONT BELIEVE: Shell buys stake in qatari gas field expansion project | Mind Blowing Facts

The project is predicted to increase Qatar's production from the current 77 million tonnes a year to 110 million tonnes by 2027 [File: Peter Boer/Bloomberg]

Oil and gas company Shell has joined QatarEnergy’s $29bn project to expand production at the world’s biggest natural gas field, becoming the fifth and final international partner.

The United Kingdom-based company took a 6.25 percent stake for an undisclosed sum, joining TotalEnergies, Eni, ConocoPhillips and ExxonMobil in the North Field East project.

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