GAS/QATAR, EQUITY STRATEGY, EQNR, SHEL

Research evidence excerpt

GAS/QATAR, EQUITY STRATEGY, EQNR, SHEL

rain 4 and Train 6 with combined production capacity of 12.8mtpa

- Qatar's Ministry of Interior said several ‌people were injured because of the explosion, which it attributed to a "technical

accident", reported Reuters. The ministry stated there was no leak that "poses a threat to public safety". However, Associated

Press claimed the fire had hurt at least 54 people and a further 18 were still missing hours later.

J. P. Morgan View

- Commissioned in 2022, the Barzan facility supplies pipeline gas to local industries and Qatar’s power generation sector. It also

supplies associated hydrocarbon products to local refineries and petrochemical industries and international markets. The facility

can provide 1.4 billion cubic feet per day of sales gas to local power generation and water desalination plants as well as local

industries and also has the production capacity to supply ethane, condensate, liquid petroleum gas and sulphur for local markets

and export .

Company News during last trading session

EQNR - Equinor and its partners Petoro, Shell, TTE and COP investing cNOK4bn in a new subsea development to

increase gas from Troll

- The TWIN (Troll West Increased gas recovery North) Partnership is Equinor AS 30,55 % (operator), Petoro AS 55,93 %, A/S

Norske Shell 8,19 %, TotalEnergies EP Norge AS 3,69 %, ConocoPhillips Skandinavia AS 1,64 %

- “We have an ambition to start production as early as 2028. By simplifying, increasing standardisation and reusing existing

infrastructure and equipment, we are reducing costs and enabling faster production, in line with our new ways of working. The

project helps sustain jobs, value creation and secure gas exports to Europe from Troll A and Kollsnes,” says Gunnar Nakken,