Chiyoda Corporation (“Chiyoda”, TSE: 6366; ISIN: JP3528600004) announces that its’ subsidiary, Chiyoda Almana Engineering LLC (Chiyoda Almana), a leading engineering and construction contractor in Qatar, has been awarded the Long-Term Engineering, Procurement and Construction Management (EPCm) Services Contract by RasGas Company Limited (RasGas).

Chiyoda Almana will provide EPCm services required for projects that support the operations of RasGas onshore and offshore facilities. The five-year contract will cover small to medium-sized projects for a total of seven liquefied natural gas (LNG) plants and three large-sized gas processing plants, helium plants and other facilities operated by RasGas at Ras Laffan Industrial City, Qatar.

Speaking during the contract signing ceremony, Hamad Mubarak Al Muhannadi, Chief Executive Officer of RasGas said: “With the signing of this new five-year term contract, we hope to ensure continued efficiency in completing ongoing projects, maintaining the highest safety standards and drawing on the benefits of Chiyoda Almana’s familiarity with our operating assets and brownfield execution capability developed during the previous EPCm contract.”

“As a world-class supplier of energy, RasGas is committed to deliver the best results in operational excellence. This commitment to quality has also been reflected in selecting the most capable contractors and establishing pre-eminent partnerships, which have made a significant contribution towards adding values to our work culture by fulfilling cost and performance targets,” he added.

Mamoru Nakano, Operation Director of Gas & LNG Project Operations 1 and Senior Vice President, Chiyoda Corporation has commented during the signing ceremony, “Chiyoda Almana has a strong business relationship with RasGas, and we are so honored to be awarded the RasGas Long Term EPCm Services Contract which will definitely strengthen these business ties.

We are looking forward to complete the newly awarded RasGas Long Term EPCm contract in the same manner as for previously completed Long Term EPCm contract and with the priority in terms of safety performance, quality of our personnel and our record of reliable delivery.

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.

For pipeline sales gas to the domestic market, RasGas also operates the Al Khaleej Gas Projects, AKG-1 and AKG-2 supplying approximately 2.0 billion standard cubic feet (Bscf) per day. RasGas is currently adding production capacity by managing the construction of the Barzan Gas Project, which when fully operational, is expected to supply approximately 1.4 Bscf of additional sales gas per day to the Qatari market to meet growing demand for energy at power stations and downstream industries.

RasGas currently operates the Ras Laffan Helium Plant which was established in 2003 and came on stream in 2005. The plant extracts, purifies and liquefies helium from the North Field. The second helium plant entered production in June 2013 bringing the total liquid Helium production capacity to 1.96 Bscf per year.

About Chiyoda Almana Engineering LLC

Chiyoda Almana was established in 2008 by Chiyoda in collaboration with Almana Trading Company (local Qatari company), to be a Qatar based project delivery service provider to clients in Qatar.
Since its establishment, Chiyoda Almana has consistently provided comprehensive services through all phases of the project lifecycle to over 200 projects to Qatari clients in the fields of LNG, gas, oil, petrochemicals and non-hydrocarbon applications such as waste water treatment and flare reduction.

About Almana Group

Almana Group, founded in 1960, is one of the most prominent and leading conglomerates in Qatar. Almana Group is actively involved in various activities across diversified fields including automotive business, trading of project materials, ownership and management of residential and commercial properties all across Doha. In contracting activities, Almana Group has executed various projects in Electro Mechanical, Insulation, Structural Steel and Interior Fit Outs and Furnishings.
The Group also has joint ventures with reputable foreign partners in Qatar and much more business activities which provide synergies to the Group.