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Qatargas 3
Operator: QatarEnergy LNG
Co-Venturers: QatarEnergy (68.5%),
ConocoPhillips (30%), Mitsui (1.5%)

In 2003, ConocoPhillips and QatarEnergy signed a Heads of Agreements to develop Qatargas 3, a larger-scale liquefied natural gas (LNG) project in Ras Laffan Industrial City, Qatar. The integrated project comprises upstream natural gas production facilities to product approximately 1.4 gross BCFD of natural gas over the 25-year life of the project, as well as initial average of approximately 70 MBD gross of LPG and condensate combined from Qatar's North Field. The Project also includes a 7.8 MTPA LNG facility.