August 23, 2017 5:35 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Qatargas Operating Company Limited

Company Overview

Qatargas Operating Company Limited produces and exports liquefied natural gas. The company offers rich liquefied natural gas (LNG), lean LNG, liquefied petroleum gas, treated field condensate, plant condensate, helium, and sulphur; and naphtha, kerojet, and gasoil. It provides its products in Europe, the United States, the United Kingdom, and internationally. The company was founded in 1984 and is based in Ras Laffan, Qatar with an additional office in Doha. Qatargas Operating Company Limited operates as a subsidiary of Qatar Petroleum.

Qatargas Road

Ras Laffan,  

Qatar

Founded in 1984

Phone:

974 473 6000

Fax:

974 473 6666

Key Executives for Qatargas Operating Company Limited

Head of Communications & Planning
Compensation as of Fiscal Year 2017.

Qatargas Operating Company Limited Key Developments

Polish Oil and Gas Company Signs a Strategic Agreement with Qatargas

Polish Oil and Gas Company signed a side agreement to the existing Sale and Purchase Agreement with Qatargas, the World's Premier Liquefied Natural Gas Company. Under the terms of the agreement, Qatargas will increase the volume of liquefied natural gas (LNG) currently supplied to PGNiG to two million tonnes per annum (MTPA) which is equal to about 2,7 billion cubic meters of gas after regasification. The new agreement will come into effect on 1 January 2018 and will run until June 2034.

RWE and Qatargas Sign Seven and a Half Year SPA for LNG Deliveries into Europe

Qatargas will deliver up to 1.1 million tonnes of Liquefied Natural Gas (LNG) per annum to RWEST in North West Europe for seven and a half years. The LNG will be supplied from Qatargas 3, a joint venture between Qatar Petroleum, ConocoPhillips and Mitsui & Co. Ltd. Qatargas chartered QFlex LNG vessels will deliver the LNG to RWEST in North West Europe.

Qatargas Operating Company Limited Wins Contract for the Engineering Procurement Supply Construction and Commissioning of Water Recycling Facility

Qatargas Operating Company Limited (Qatargas) has awarded a contract to Qatar Kentz for the engineering procurement supply construction and commissioning of a Water Recycling Facility at Laffan Refinery 2 located in Ras Laffan Industrial City Qatar. This facility is designed to handle the Treated Industrial Water from Laffan Refinery 1 currently in operation and Laffan Refinery 2 which is under construction. The Water Recycling Facility aims at reducing the water consumption of these two plants and at eliminating the discharge of Treated Industrial Water. The recycled water is planned to be re-used in the Laffan Refineries 1 and 2 as boiler feed water and cooling water. This project is a further evidence of Qatargas 39's commitment to meet the quality and environmental standards and its continued efforts to contribute to achieve the Qatar National Vision 2030 objectives to protect the environment and promote a sustainable development for future generations to come. Furthermore this facility complies with the Qatar Ministry of Environmentrsquo;s Directive to reuse the Treated Industrial Water produced from industrial plants. The Water Recycling Facility will be installed inside the Laffan Refinery 2 and it is scheduled to be operational at the end of 2016. Laffan Refinery 2 is the expansion project of Laffan Refinery 1 and it is a joint venture between Qatar Petroleum Total Idemitsu Cosmo Marubeni and Mitsui. When completed the Laffan Refinery 2 also operated by Qatargas will process an additional 146,000 barrels per day of condensate recovered from the North Field doubling the capacity of Laffan Refinery 1.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 11, 2016
RasGas Company Limited
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