Qatargas Set for Expansion

Monday, April 03, 2006
Qatargas expanded its LNG production capabilities with the groundbreaking of Qatargas 3 (QG3) and Qatargas 4 (QG4) at Ras Laffan. Both QG3 and QG4 will each have a capacity of 7.8mn tons a year.

QG3 is an integrated project jointly owned by Qatar Petroleum (68.5%), ConocoPhillips (30%) and Mitsui (1.5%) and will comprise upstream gas production facilities with a capacity to produce 1.4bn cu ft of natural gas a day and will include an average 70,000 barrels of LPG per day and condensate. QG4 will be a 70:30 venture between Qatar Petroleum and Shell. It will also comprise upstream gas production facilities to produce about 1.4bn cu ft of natural gas per day including an average 70,000bpd of LPG and condensate. QG3 is primarily meant for gas supplies to the US and the first shipment is expected in 2009. QG4 will cater to LNG requirements of both the U.S. and Europe and the first supply will commence some six to nine months after QG3 going onstream. The LNG will be shipped from Qatar in a fleet of state-of-the-art vessels including Q-Max, the largest LNG carriers ever built. Each Q-Max vessel will have a 265,000cu m capacity. Qatar proposes to own up to 86 vessels, including some 16 supertankers, by the decade-end when the state’s annual LNG production capacity will reach 77mn tonnes. Sources said the total estimated cost of QG3 and QG4 is $4 billion.

(Source: Gulf Times)

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

LNG

Höegh LNG Partners Launch IPO

Höegh LNG Partners LP ("Partnership"), a Marshall Islands limited partnership formed by Höegh LNG Holdings Ltd. ("Company"), announced today that it has commenced an initial public offering of 9,

Floating Production: $1.2b Speculative FLNG Ordered

The floating production business continues to be very strong, particularly in the LNG gas processing sector.  Last month saw a speculatively ordered floating liquefaction plant – a $1.

ABS to Class the World's First CNG Ship

ABS announced it has been chosen to class the world's first compressed natural gas (CNG) carrier ordered by Pelayaran Bahtera Adhiguna, a subsidiary of Indonesia's

Coast Guard

US Coast Guard Travelling Inspectors' Centenary

July 2014 marked the 100th anniversary of the traveling inspection staff, originally created under the Steamboat Inspection Service. These travelers are highly

Pumps Reach Sinking Shrimper Just in Time

A commercial fishing vessel from Brownsville is slowly making its way back to port, thanks to some quick actions by its crew and Coast Guard units, informs the US Coastguard,

Charter Boat Crew Rescued in Gulf of Mexico

U.S. Coast Guard search and rescue crews worked throughout the night to find a missing charter boat with four people aboard as far as 70 miles off Galveston. A

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Offshore Oil Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1741 sec (6 req/sec)