Sustainalytics continues to Improve Técnicas Reunidas’ Rating
10 Jun, 2025
News
August 24, 2021
Técnicas Reunidas awarded project to participate in the 40% increase of Qatar´s liquified natural gas production.
The project awarded to the Spanish company has been estimated in an initial amount of more than 500 million US dollar.
- Técnicas Reunidas has been selected by Qatar Petroleum to participate in the expansion of Qatar’s LNG production from 77 Mtpa to 110 Mtpa.
- Natural gas is considered an essential energy source that continues to enable the energy transition process. The LNG liquefaction process produces by- products of propane and butane which are clean fuels and therefore essential to achieving the sustainable energy goals set by the United Nations.
Qatar Petroleum has awarded Técnicas Reunidas an engineering, procurement, and construction (EPC) project for the expansion of onshore facilities located in the northeast of the Qatari peninsula associated with production from the North Field.
The initial scope of the project, to be executed over 41 months, is for the completion of an “EPC- 3 package” required for the expansion of liquid products storage and loading that are by-products of the LNG liquefaction process. Qatargas Operating Company Limited, Qatar Petroleum’s affiliate, organized the EPC-3 tender and will implement and supervise the implementation of the project by Tecnicas Reunidas on behalf of Qatar Petroleum.
The EPC-3 package includes the construction of liquid products rundown lines, lean gas pipeline for gas delivery into Qatar Petroleum’s domestic gas grid, the expansion of the Ras Laffan Terminal Operations (RLTO) product storage and loading facilities, Monoethylene glycol (MEG)
storage and transfer facilities expansion, and CO2 sequestration pipeline and associated facilities at CO2 injection wellheads.
The initial amount of the project has been estimated in more than 500 million US dollars. Nevertheless, the award also foresees several additional options that Qatar Petroleum may execute within a 3-month validity period after the contract is signed. These activities will mean an expansion of the liquid products storage and loading to handle future expansion of two additional LNG trains. The value of these works would substantially increase the total amount of the project already awarded to Tecnicas Reunidas and is to be announced at a future date upon execution of options by Qatar Petroleum.
Natural gas is considered an essential energy source that continues to enable the energy transition process. Its liquefied by-products, propane and butane, are clean fuels and therefore essential to achieving the sustainable energy goals set by the United Nations.
This project extends the work that Técnicas Reunidas has been carrying out in Qatar since 2006.
The North Field Expansion Project
Qatar Petroleum’s North Field, located off the northeast coast of the Qatari peninsula, is the largest non-associated natural gas field in the world.
The project, for which Técnicas Reunidas has been contracted, supports Qatar Petroleum’s plans to increase Qatar’s liquefaction natural gas (LNG) production capacity from 77 to 110 million tonnes per year. The additional LNG production is expected to commence in late 2025.
Técnicas Reunidas
The Spanish company Técnicas Reunidas is one of the most important companies in its sector on an international scale, with a presence in 25 countries and a track record that totals more than 1,000 industrial plants over its 60 years of experience.
Its business is mainly focused on engineering projects, the development of industrial plants for the production of clean fuels and petrochemical products, the production and processing of natural gas, and the promotion of advanced low-carbon technologies, such as green hydrogen, CO2 sequestration and capture, biofuels, waste recovery, etc.
It has more than 7,500 employees, most of whom are highly qualified engineers, and its revenues reached €3.5 billion in 2020.
