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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

LNG

Norway will be Lithuania's 2016 Top Gas Supplier

Lithuania will import more gas from Norway than from former sole supplier Russia in 2016 after developing infrastructure to support liquefied natural gas (LNG) imports,

Total Signs Deal to Supply LNG to China's ENN

Total SA has signed an agreement to supply liquefied natural gas to ENN Energy in China, according to a news release on the French energy company's website.   The deal is for 0.

Crowley Christens 2nd LNG-ready Product Tanker

Crowley christens second of four newly built, LNG-ready product tankers for use in U.S. coastwise trade   Crowley Maritime Corp. has christened the second of

Coast Guard

N.Korean Navy Incursion Draws Warning Shots

A North Korean patrol boat crossed into South Korean waters early on Monday and retreated after the South Korean navy fired warning shots, a South Korean military official said.

Anthem of the Seas to Port after Rough Night

Multiple media outlets including CBS News report that Royal Caribbean's new cruise ship Anthem of the Seas was hit by a strong strom, reportedly resulting in no

Dye Test Planned on Potomac River Oil Sheen

The Unified Command is scheduled to conduct a dye test Monday in the Potomac River and Roaches Run Waterfowl Sanctuary near Arlington, Virginia, which may discolor portions of the river.

 
 
Maritime Careers / Shipboard Positions Maritime Security Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.0642 sec (16 req/sec)