Qatar's RasGas to start two mega projects
Qatar's RasGas is set to commission two mega projects this year, which will increase its total liquefied natural gas
(LNG) output to 36.6 mm tpy. The two trains will have a production capacity of 7.8 mm tpy each, said Hamad Rashid
al-Mohannadi, company CEO.
"Train 6 is expected to be online by the second quarter and completion of Train 7 is expected later this year," he
said.
Once operational, the new facilities would increase RasGas LNG exports to 36.6 mm tpy, which represents a sizeable
proportion of Qatar's target of 77 mm tpy by 2012.
RasGas now produces more than 20 mm tpy of LNG with five trains in operation and has spent a total of $ 20 bn on a
number of projects, including Trains 6 and 7.
Mohannadi told that negotiations with ExxonMobil were continuing for the potential to supply gas into the US markets
through the Golden Pass Terminal, which is being built by Qatar Petroleum, ExxonMobil and ConocoPhillips.
Regarding its fleet size, which now stands at 26 ships, he said that by October RasGas would receive into charter a
262,000 cm Q-max carrier and, combined with sister company QatarGas, would have a combined Q-flex/Q-max fleet of 45
ships by early 2010.
