Qatar and liquefied natural gas (LNG) are a path to global energy security and sustainability to this world. LNG in Qatar is needed to power the world’s economic prosperity and help protect against climate change, said Chairman and CEO of ConocoPhillips Ryan Lance during the agreement signing ceremony held at QatarEnergy headquarter, yesterday.
“ConocoPhillips is delighted to build on our long history of partnering with QatarEnergy and participate in this next phase of development of Qatar’s North Field. Our company has 70 years of history in LNG. So, we have long and steady history and partnership with QatarEnergy. As we look ahead, Qatar and LNG are a path to global energy security and sustainability to this world,” said Lance.
He added: “The North Field is the world’s largest gas field, it’s got the lowest cost of supply and the lowest GHG intensity around the world today. Our companies have a long history of collaboration and partnership which builds on the strengths of both of our companies and we look forward to future opportunities to partner together not only in Qatar but also around the world”.
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Speaking about the importance of LNG, Lance noted that LNG in Qatar is needed to power the world’s economic prosperity and help protect against climate change.
