Qatargas, the World’s Largest LNG Company
Total Group owns a 20% share in the upstream component of Qatargas 1, which is the production of condensates from North Field’s ‘Bravo’ Block (NFB block).
In addition, it has a 10% interest in the Qatargas 1 gas liquefaction plant which has three liquefaction trains. The yearly global LNG output from Qatargas 1 is close to 10 million tonnes of LNG and 50,000 tonnes of condensates.
Total owns 16.7% interest in Train 5 of Qatargas 2. Production was started in September 2009 and 8 million tonnes of LNG per year are produced. Total also buys part of Qatargas LNG.