LNG Projects
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RasGas LNG 3, 4 & 5
Two new trains, LNG 3 & LNG 4 will be installed in RasGas site, the first of which was commissioned early 2004, the second train will be commissioned in 2005; each train is sized for 4.78 MMTA. The scope of this project is to produce about 1.5 BSCFD of gas for LNG export to India (Petronet) and Italy.
This is the first K1-K4 integrated development project in the North Field. LNG 3 will produce rich LNG while LNG 4 will produce lean LNG. The LPG recovery and fractionation for LNG 4 will be integrated with the AKG project, which will have great cost savings impact on both activities.
The EPC contract for Train 5 was awarded to a consortium comprising Chiyoda and Snamprogetti in July 2004 and will be located next to Train 3 & 4, also executed by the same JV. Production is scheduled to commence in early 2007.
RasGas LNG 6 & 7
Heads of Agreement (HOA) was signed with ExxonMobil on 16 October 2003 to develop 2.9 BSCFD of North Field gas from the contract location which was assigned to RasGas Expansion Projects. This project is targeting the US market with two trains each sized for 7.8 MMTA.
Shareholders are ExxonMobil and QP at 30% and 70% equity respectively; design of the trains will be identical to Qatargas II train design, which is in an advanced stage. Since the trains will be located within RasGas’ plot, synergies will be maximized to reduce the capital cost. Target commissioning of LNG 6 is May 2008 and LNG 7 will follow with a 1-2 year interval.
Qatargas II Project
Target is to install two 7.8 MMTA LNG trains for export to the UK market by 2007 and 2009 respectively. Pre-FEED completed in 2002. FEED started in June 2003 and drilling of data and appraisal wells commenced in May 2004.
The two trains, LNG 4 & 5, will be installed in the existing Qatargas plot and will benefit from the existing infrastructure. Three wellhead platforms and two 36” pipelines are envisaged to produce 2.8 BSCFD of gas and the associated condensate and transport the total produced fluids to Ras Laffan onshore plant in a wet scheme. Between 16 and 18 LNG carriers will be built to support shipping of the lean LNG to a dedicated UK terminal.
Qatargas III Project
Heads of Agreement (HoA) was signed with ConocoPhillips on 11 July 2003 to develop 1.4 BSCFD of North Field gas and install an LNG train sized 7.5 MMTA within Qatargas’ plot. The proposed train will benefit from Qatargas II studies and will have synergy, to the maximum possible extent, with Qatargas II project, including joint EPC contracting, joint drilling and joint procurement of the shipping fleet. The project is currently in the feasibility study stage with a target commissioning by mid 2009.
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