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Emir calls for transparency at WPC
Barzan gas from the North Field will supply clean natural gas to fuel the development of many new projects such as the New Doha International Airport, New Doha Seaport, sport facilities for the 2022 FIFA World Cup and numerous power and water desalination plants.
2011-2012
After almost 80 years, the WPC finally arrived in the region which has been shouldering the burden of global energy for much of that time. From December 4-8 last, the fresh and lavish Qatar National Convention Centre (QNCC) hosted some heated debate and analysis of the industry, and it gave global and regional oil companies an opportunity to promote their latest innovations and offerings. The Emir, HH Sheikh Hamad Bin Khalifa Al-Thani, welcomed delegates to the congress at the opening session and expressed his pride and fortitude at bringing such a prestigious industry event to his country. However, he quickly got on to more specific concerns which he felt needed to be addressed at this pivotal period in the evolution of energy. He stressed that Qatar and its regional counterparts would continue to invest in the production of energy, but there needed to be honesty and transparency from both the producers and the importers of oil to facilitate a healthy relationship. Whilst all entities are trying desper-
qatar and the world
private sector & diversification
ately to curb the world’s over-reliance on hydrocarbon energy – such as oil and gas – some of the developed nations who import oil from the Middle East might not be as transparent with their progress into this arena as they could be. “The negative impact of producing fossil-fuel energy on the environment – particularly air quality due to the rise in harmful emissions and climate change as a result of the worsening problem of global warming – are facts that leave no room for argument,” the Emir said. The 20th World Petroleum Congress had over 5,500 delegates participating, including leaders and firms from around the globe. Delegates from around the globe attended plenary sessions discussing topics such as “MultiSectoral Cooperation and a Sustainable Energy Industry”, “Producer-Consumer Dialogue: Expectations and Deliverables” and “Peak Oil: Ahead of Us or Behind Us?” Delegates and visitors from 107 countries have walked through the doors at the Qatar National Convention Centre during the Congress and Exhibition which is set to register 20,000 visitors.
Barzan Gas Project In a clear boost to local industries and utilities, Qatar formally launched the qr37.49 billion ($10.3 billion) Barzan project, a QP-ExxonMobil joint venture that will provide 1.4 billion cubic feet a day of lean gas. The project will be completed in two phases. Train 1 will produce the first gas in 2014 and train 2 in 2015. Besides 1.4 billion cubic feet a day of lean sales gas, which is mainly methane, Barzan’s Ras Laffan facility will also produce about 29,000 barrels per day
social development
tourism, retail & sports
(bpd) of both field and plant condensates, 1,900 tonnes per day (tpd) of ethane, 860 tpd of propane and 680 tpd of butane, HE the Minister of Energy and Industry, Dr Mohammed bin Saleh Al Sada has said. Barzan gas from the North Field will supply clean natural gas to fuel the development of many new projects such as the New Doha International Airport, New Doha Seaport, sport facilities for the 2022 FIFA World Cup and numerous power and water desalination plants. The project will be managed and operated by RasGas. When the two new trains are in operation (by 2015), RasGas will become one of the largest single gas processors in the world. At that time, RasGas will have the capacity to produce about 11 billion standard cubic feet a day of gas, which is the equivalent of almost 2 million barrels of oil. The project will include drilling and development of some 30 wells, 10 at each of the three unmanned wellhead platforms weighing 3,000 tonnes each and the construction of a world scale sulphur recovery facility, that will produce about 4,000 tonnes of sulphur a day.
Record 8.3 million tonnes LNG supply to South Korea
QP and ExxonMobil sign partnership to develop Barzan Gas project in January 2011
RasGas will supply a record 8.3 million tonnes of liquefied natural gas to South Korea this year, which will account for a quarter of the total anticipated LNG