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RasGas' Helium 2 Plant Starts Production

                   RasGas' Helium 2 Plant Starts Production

  PR Newswire

  RAS LAFFAN, Qatar, July 9, 2013

RAS LAFFAN, Qatar, July 9, 2013 /PRNewswire/ --

   Qatar Now World's Largest Exporter And Second Largest Producer Of Helium

RasGas Company Limited (RasGas) today announced that its recently completed
Helium 2 plant produced the first liquid helium for delivery to contracted
customers. 

To view the Multimedia News Release, please click:

http://www.multivu.com/mnr/61941-RasGas-Helium2-plant-starts-production 

RasGas' Helium 2 plant is twice the size of its Helium 1 plant, which began
operations in 2005. The Helium 2 plant is expected to produce approximately
1.3 billion cubic feet per year when fully operational. With a combined
annual production of 2 billion cubic feet, the two plants will meet around 25
per cent of current total liquid helium global demand. Both facilities are
managed and operated by RasGas.

H.E. Dr Mohammed bin Saleh Al Sada, Qatar's Minister of Energy and Industry,
expressed pleasure at the new milestone saying "it was a testament of Qatar's
strategy of creating added value by sound development and maximum utilisation
of its natural resources."

"With the commencement of production at our Helium 2 plant, which is the
world's largest helium refining facility, we are today the largest exporter
and the second largest producer of helium in the world," added Dr Al Sada.

"The Helium 2 plant, which broke ground in May 2010, is the second helium
project to be built in Qatar, and we are very pleased to report that in over 5
million man hours worked to complete this project, we have maintained a lost
time incident rate (LTIR) of zero. Achieving such a remarkable safety
milestone is a clear testimony toRasGas'commitmentto create and maintain a
safe work environment in a complex construction project that involved
thousands of contractors and employees," said Hamad Rashid Al Mohannadi,
RasGas Chief Executive Officer and Vice Chairman of Qatar Petroleum (QP).

Off-take agreements were signed with Air Liquide, Iwatani Corporation and
Linde Gases, a Linde Group division in the second first half of 2010. Air
Liquide will receive 50 per cent, Linde Gases 30 per cent and the Iwatani
Corporation 20 per cent of the annual production up to 2032. 

The plant is co-owned by Qatar Liquefied Gas Company Limited 2 (Qatargas 2),
Qatar Liquefied Gas Company Limited 3 (Qatargas 3), Qatar Liquefied Gas
Company Limited 4 (Qatargas 4) and Ras Laffan Liquefied Natural Gas Company
Limited (3) "RL3." 



Video: http://www.multivu.com/mnr/61941-RasGas-Helium2-plant-starts-production

Contact: CONTACT: Yosra Koura, Media Relations Officer, +974-4473-1130,
+974-3349-4632, yikoura@rasgas.com.qa
 
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