Qatar Petroleum

Qatar Petroleum, with its resources, commitment, and experience accumulated since its inception thirty years ago, is implementing large scale projects aiming to achieve the strategy set by His Highness Sheikh Hamad Bin Khalifa Al-Thani, Emir of Qatar for the optimal utilization of its natural resources. These projects included major expansions in the oil fields, LNG trains in RasGas and Qatargas and developing GTL, petrochemicals and refining plants. Such projects will definitely bring benefits to the Qatari economy and to the well-being of its citizens. They will also contribute to the creation of jobs and training opportunities.

The company has focused its attention on four main areas, which are LNG, GTL, pipeline export and feed to local industries and power plants. With natural gas reserves of 900 trillion cubic feet, which accounts for about 15 percent of the world’s total gas reserves, Qatar comes third worldwide in the size of its gas reserves.

Today, Qatar has reached a LNG production capacity of 25 million tons per year, and is exporting LNG to customers in three continents around the world. Today, Qatar is ranked among the top LNG exporters in the world. QP is currently pursuing an expansion plan to boost LNG production capacity to 77 million tons per year by 2012, which will involve the construction of the largest LNG liquefaction trains in the world with a nameplate capacity of 7.8 million tons-per-annum each. This will make Qatar the biggest global exporter of LNG by the end of this decade.