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Chiyoda Corporation and Qatar Petroleum Sign an Agreement to Study Raising the Production Capacity of LNG Trains
édité le 01/06/2017 - Plus de news de "Chiyoda" - Voir la fiche entreprise de "Chiyoda"
Chiyoda Corporation (“Chiyoda”, TSE: ISIN: JP3528600004) is pleased to announce today that it has signed an agreement with Qatar Petroleum for conducting a detailed study to identify the modifications that are required for debottlenecking the capacity of Qatar’s LNG trains, located in Ras Laffan Industrial City, Qatar in order to process additional quantities of gas that will be produced from the planned new North Field gas project.
Commenting on the occasion, Mr. Saad Sherida Al-Kaabi, Qatar Petroleum’s President and CEO, said: "as part of its efforts to reinforce Qatar's leading position in the global gas industry, this agreement provides Qatar Petroleum with the option of increasing its LNG production with minimum investment, by leveraging the existing massive, world-class infrastructure and valuable synergies available in Ras Laffan Industrial City."
Mr. Al-Kaabi, added: "Qatar ranks first in the world in the production and export of liquefied natural gas (LNG), the first in the production and export of gas to liquid products (GTL) and the first in the production and export of Helium. Qatar Petroleum is determined to continue its lead position in the gas industry with its expansion plans, both inside and outside the State of Qatar."
The agreement was signed at Qatar Petroleum's headquarters in Doha by Mr. Saad Sherida Al-Kaabi, Qatar Petroleum’s President and CEO and Mr. Masaji Santo, Senior Executive Vice President of Chiyoda Corporation, in the presence of a number of executives from both corporations.
Qatar Petroleum had announced on April 3, 2017, its intention to develop a new gas project in the southern sector of the North Field with a capacity of about 2 billion cubic feet per day for export.
The study is expected to be completed before the end of this year, which will allow QP to kick off the FEED work early next year, if it concludes that this option will achieve the optimum value for the State of Qatar.
About Chiyoda
Chiyoda (“Chiyoda”, TSE: 6366; ISIN: JP3528600004), headquartered in Yokohama, Japan, is a world-leading engineering company, providing a wide-range of services in the fields of energy, chemicals, petrochemicals, industrial facilities and others, and having a global position in LNG production facilities. In accordance with its Medium - Term Management Plan and upon the establishment of EMAS CHIYODA Subsea, Chiyoda has successfully developed its capability being an Offshore and Upstream project integrator to provide “Seamless subsea developments from concept to execution and life of field”.
About Qatar Petroleum
Qatar Petroleum (QP) is a state-owned corporation established by Decree Law No. 10 in 1974. It is responsible for all phases of the oil and gas industry in the State of Qatar.
The principal activities of QP, its subsidiaries and joint ventures are the exploration, production, local and international sale of crude oil, natural gas and gas liquids, liquefied natural gas, refined products, synthetic fuels, petrochemicals, fuel additives, fertilizers, steel and aluminium.
The operations and activities of QP and its affiliates are conducted at various onshore locations, including Doha, Dukhan and the Mesaieed and Ras Laffan Industrial Cities, as well as offshore areas, including Halul Island, offshore production stations, drilling platforms and the North Field.
Origine : Communiqué Chiyoda
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