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RasGas (II) awards EPC contract for Train 5

Posted: 5 July 2004

Ras Laffan Liquefied Natural Gas Company Limited (II) (RasGas II) announced today that it has awarded the onshore Engineering, Procurement and Construction (EPC) contract for Train 5 to Chiyoda, Snamprogetti & Co, W.L.L.

The onshore contract provides for the construction of a world-scale, 4.7 million tonne per annum (MTA) LNG liquefaction train. The contract also provides for the extraction of Natural Gas Liquids from the inlet gas stream.

Train 5 will be built at the RasGas site adjacent to Train 4 at Ras Laffan Industrial City and startup is scheduled for mid-2007. Feed gas for Train 5 will be sourced from Qatar's North Field, which has proven natural gas reserves in excess of 900 trillion cubic feet.

Earlier this year, RasGas (II) also awarded the offshore EPC contract to J. Ray McDermott Middle East. The offshore facilities contract involves the construction and installation of a wellhead platform and pipeline capable of producing and transporting about 800 million standard cubic feet of gas per day.

Qatar Petroleum has a 70 per cent equity interest in this project and ExxonMobil RasGas Inc. an ExxonMobil subsidiary has 30 per cent. This expansion of the RasGas (II) project will take advantage of synergies with its existing trains. Sale and Purchase Agreements are under development with European customers.

The award of the Train 5 EPC onshore contract is a major milestone in Qatar's long-term plan to increase LNG exports from Qatar to over 60 MTA by end of the decade. The new train will employ the latest technologies resulting in lower expansion project costs.

RasGas (II) was established in 2001 by Qatar Petroleum (70 per cent) and ExxonMobil RasGas Inc. (30 per cent) to own Trains 3, 4, 5 and other expansion opportunities.

For more information see www.rasgas.com

Posted by Richard Price, Editor Pipeline Magazine

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