Category talk:Oil and gas companies of Qatar
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The natural gas in Qatar covers a large portion of the world supply of natural gas. While Qatar is a member of the OPEC and is a significant oil producer, the government has devoted more resources to the development of natural gas in the contemporary eraparticularly for export as liquefied natural gas LNG.
InQatar produced 3. Although the increase in natural-gas production fuels the growing natural-gas requirements of domestic industry and its GTL projects, the bulk of this increase is going towards LNG exports.
DuringQatar exported over 2. InQatar Petroleum has entered into an agreement with Dolphin Energy to increase exports oil and gas companies in qatar wikipedia 1 billion cubic feet of natural gas per day. This increase if natural gas exports to UAE is responding to increase of demand in the UAE and also matches the export gas pipeline's supply capacity of 3.
Qatar plans to significantly expand natural-gas production during the next five years. Qatari officials have stated that target production for is about 8. The oil and gas companies in qatar wikipedia increase in natural-gas production will fuel the growing natural-gas requirements of domestic industry, LNG export commitments, piped natural-gas exports through the Dolphin pipeline, and several large-scale GTL projects.
InQatar began exporting LNG when it sent 5. Qatar has oil and gas companies in qatar wikipedia the world's leading LNG exporter . InQatar exported nearly 1. Qatari government officials have noted that they do not anticipate building any more LNG facilities in the near-term future, and that any additional capacity increases will be the result of improvements in the existing facilities.
The bulk of Qatar's expected future increases in natural-gas production will come from projects related to the massive North Field. In earlythe government placed a moratorium on additional natural-gas development oil and gas companies in qatar wikipedia at the North Field, pending the results of a study of the field's reservoirs.
In AprilQatar lifted the moratorium to allow new developments to begin. ExxonMobil is the largest foreign investor in Qatar's North Field. Aside from Al Khaleej, the company is also involved in increasing natural gas supplies for the RasGas and Qatargas LNG projects, each of which will rely on significant increases in output from the North Field oil and gas companies in qatar wikipedia the next several years see the LNG Section below for additional details. Even though Qatar had expropriated the North Field in the late s, pundits viewed it as "expropriation-lite," since Royal Dutch Shell continued to act as adviser and expert consultant.
The emirate was actually anxious to grant equity stakes to international oil companies in any venture because Qatar Petroleum lacked the financial and technical expertise to efficiently develop the fields.
Shell, previously one of Qatar's major partners, abandoned all ongoing discussions, ostensibly lured by the promise of more-profitable gas ventures in Australia.
Yet intermittent foreign and domestic issues have impeded this project for another decade. Gas-to-liquids GTL technology uses a refining process to turn natural gas into liquid fuels, such as low sulfur diesel and naphthaamong other products. There were 3 big GTL projects at hand:. The carbon dioxide gas produced as by product from these plants can be put to use in cheaper production of algae oil or spirulina from algaculture to mitigate green house gas GHG emissions. The government celebrated twenty years of independence in September with the start of phase one of the North Field development project.
The project marks a major step in Qatar's switch from a reliance on oil to gas for most of its revenues. The North Field is the world's largest natural gas field, and its exploitation will place Qatar in the top ranks of the world's gas producers.
Natural gas from other fields provides fuel for power generation and raw materials for fertilizers, petrochemicals, and steel plants. With the expected depletion of oil reserves by aboutplanners hope natural gas from the North Field will provide a significant underpinning for the country's economic development.
In that decade, the country made progress in using its natural gas resources despite several setbacks. The combined daily capacities were tons of propane, tons of butane, tons of condensate, and tons of ethane-rich gas. However, repeated difficulties prevented the plants from coming on-line as scheduled and operating at full capacity. NGL-2 had problems with the pipelines that connected the plant with offshore fields. The sharp drop in oil production in the s meant that lack of feedstock caused plant shutdowns and underproduction.
As a result, downstream see Glossary users suffered as well. In the two plants producedtons of propane and butane—slightly more than one-half of plant capacity. This gloomy outlook is mitigated oil and gas companies in qatar wikipedia some degree by prospective development of the massive natural gas reserves in the North Field.
Discovered in by the SCQ, the proven reserves of 4. Qatargas was established in as a joint venture with Qatar Petroleum and foreign partners to market and export LNG from the North Field. Qatar Petroleum plans a massive development at Ras Laffan in association with the North Field project. In addition to a new port with LNG, petroleum products, and container loading berths, a methanol plant with a yearly production of tons and a petrochemical complex with an annual production oftons oil and gas companies in qatar wikipedia planned.
The development is scheduled for completion in the late s. In line with its desire to diversify the firms engaged in developing its resources, Qatar signed a letter of intent in February with Chubu Electrical Power in Japan to supply 4 million tons per year of North Field gas for 25 years, starting in This amount represents two-thirds of Qatargas's expected capacity of about 6 million tons per year. As of this editthis article uses content from "Energy profile of Qatar"which is licensed in a way that permits reuse under the Creative Commons Attribution-ShareAlike 3.
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