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  • Qatar Petroleum announces the start operations by the new "Qatargas" as the only company to export Qatari LNG
    édité le 03/01/2018 - Plus de news de "Qatar Petroleum" - Voir la fiche entreprise de "Qatar Petroleum"


Qatar Petroleum announces the start operations by the new
Qatar Petroleum has announced the official start of operations of the new Qatargas following the successful completion of the integration with RasGas, which was announced in December 2016.

Mr. Saad Sherida Al-Kaabi, President & CEO of Qatar Petroleum made the announcement today in a press conference held at QP headquarters in the presence of representatives of ExxonMobil, Total, ConocoPhillips, and Shell - the main international shareholders in both companies.

Mr. Al-Kaabi said “Our aim was to integrate the two companies’ resources and capabilities to create a truly unique global energy operator in terms of size, service and reliability. We also aimed to create higher value for our stakeholders, and enhance the competitive position of the Qatari gas industry.

“It is important to highlight that this integration will ultimately save us around 2 billion Qatari Riyals in operating cost annually,” he added.

During the press conference, Qatar Petroleum’s President & CEO announced the birth of the new Qatargas saying: “As of the first of January 2018, all the ventures that were operated by Qatargas and RasGas are now operated by the new ‘Qatargas’, which is the result of the integration of two great energy centers of excellence.”

“Today, I am pleased to announce that we have accomplished our objective with great success, and on time. Qatargas will be the single entity exporting Qatari LNG to the world, under a ONE shared vision, ONE management system, and ONE work culture. It also gives me great pleasure to announce the appointment of the current Qatargas CEO Sheikh Khalid Bin Khalifa Al Thani as the CEO for the new Qatargas,” He added.

At the conclusion of his remarks, Mr. Saad Sherida Al-Kaabi extended sincere thanks and appreciation to all the buyers of Qatari gas around the world for their trust and confidence in Qatar Petroleum and in the State of Qatar, assuring them that Qatar will do its utmost to ensure the continued safe and reliable LNG delivery to their friendly countries.

He also took the opportunity to thank all management teams from Qatar Petroleum, its international partners, Qatargas, and RasGas, for their contributions in creation of the new Qatargas.

The integration process will continue to focus on providing enhanced service, reliability, efficiency and effectiveness, as well as strengthening operations groups, which remained unimpacted by the integration, as the highest priority was given to ensuring a safe, seamless and risk-free business continuity.​

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.

About Qatargas

Qatargas is the world’s largest LNG producing company with a production capacity of 42 MTA. The State of Qatar, as the world’s leading LNG producer, anticipates that the People’s Republic of China will become one of the world’s largest gas markets.

About RasGas

RasGas Company Limited (RasGas) is a Qatari joint stock company established in 2001 by Qatar Petroleum and ExxonMobil RasGas Inc. RasGas acts as the operating company for and on behalf of the owners of the liquefied natural gas (LNG) projects RL, RL (II) and RL3 (Project Owners). With operations facilities based in Ras Laffan Industrial City, Qatar, RasGas’ principal activities are to extract, process, liquefy, store and export LNG and its derivatives from Qatar’s North Field. RasGas, on behalf of the Project Owners, exports to countries across Asia, Europe and the Americas. It has a total LNG production capacity of approximately 37 million tonnes per annum.


Origine : Communiqué Qatar Petroleum

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