Barzan delay challenges Qatari ambitions7 November 2016
Having seen its LNG export revenues halve in the past two years, Qatar faced more bad news last month in the form of a fresh delay to the startup of its much-vaunted Barzan gas project.
The $10.3 billion development is a joint venture between Qatar Petroleum and ExxonMobil and will be operated by RasGas. Barzan was intended to meet surging domestic energy demand but has experienced a series of setbacks that have already put back its startup by at least two years from the originally scheduled date of late 2014.
The latest delay, caused by a leak discovered in an upstream gas pipeline, has placed the anticipated November 2016 startup date out of reach. Although RasGas confirmed to Interfax Natural Gas Daily that startup has been delayed, the company did not say when it now expects the project to come online.
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