direct: Baker Hughes, the company listed on the New York Stock Exchange, announced that it has received an order from its strategic partner, Qatar Petroleum, to supply a number of “multiple major refrigeration condensers” (MRCs) In favor of the “East North Field” project, which is operated by “Qatar Gas”.
The new contract forms part of four high-performance units for the purification and liquefaction of natural gas that will achieve an increase in production capacity of 33 million tons annually, thus raising Qatar’s total production of LNG from 77 million tons to 110 million tons per year, according to a statement by “Burke Hughes” Released today, Tuesday.
This contract is considered one of the largest LNG contracts concluded by Baker Hughes during the past five years, in terms of the scope of supplies to be supplied and the size of their contribution to increasing production of LNG.
“The new contract reflects the continuity of the long-standing strategic partnership between Baker Hughes and Qatar Petroleum, which began 25 years ago when we delivered the first LNG units to the State of Qatar,” said Lorenzo Simonelli, Chairman and CEO of Baker Hughes. .
He continued: “In all possible scenarios, natural gas is likely to be a major transitional fuel during the next two decades in light of the continuing trend towards reducing carbon emissions in the future.”
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