Qatargas, a subsidiary of QatarEnergy, has changed its name to QatarEnergy LNG, the energy company said in a statement on Thursday.

The change reflects "QatarEnergy’s continued commitment to LNG as a critical source of energy for decades to come and a vital enabler of the energy transition," the statement said.

QatarEnergy LNG, the largest LNG producer in the world, operates 14 LNG trains with a total annual production capacity of 77 million tonnes, according to the company's website.

Qatar, a top LNG exporter, benefited from surging gas prices following Russia's invasion of Ukraine last year. State-owned QatarEnergy' North Field Expansion Project is part of efforts to increase LNG production capacity from 77 million tons per annum (Mtpa) to 126 Mtpa by 2027.

(Reporting by Brinda Darasha; editing by Seban Scaria)