Qatar Petroleum and Exxon Mobil Corporation yesterday announced the completion and start-up of Qatargas 2 Train 5, one of the largest operating liquefied natural gas (LNG) production facilities in the world.

This follows the start-up of the Qatargas 2 Train 4 in the second
quarter of 2009. Each is designed with the capacity to produce 7.8
million tons per year, approximately 50 percent larger than any other
global liquefaction facility currently operating outside of Qatar.

“The start-up of Qatargas 2 Train 5 represents another technological
milestone in our effort to increase global supplies of clean-burning
natural gas,” said Neil Duffin, president of ExxonMobil Development
Company. “Technological advances pioneered by Qatar Petroleum and
ExxonMobil have enabled us to achieve new economies of scale for LNG
development using natural gas from Qatar’s North Field. We congratulate
the many people whose efforts during the last several years made
possible the start-up of the world’s largest LNG trains.”

Qatargas 2 links natural gas production, liquefaction, shipping and
regasification infrastructure together into a single fully integrated
LNG development and supply initiative. In addition to Trains 4 and 5,
the Qatargas 2 joint venture encompasses a fleet of world-class Q-Max
and Q-Flex carriers and the newly commissioned South Hook Terminal in
Milford Haven, Wales.

“When combined, these technology breakthroughs are enabling more
efficient production and transportation of natural gas and will allow
us to provide more natural gas to markets throughout the world,” said
Duffin.

ExxonMobil’s joint venture LNG projects in Qatar are facilitating the
development of a global market for cleaner-burning natural gas.
ExxonMobil is also participating in the development of LNG projects in
Papua New Guinea and Australia.

Liquefied natural gas is one of the fastest growing sources of energy
supplies. Global LNG demand is expected to reach approximately 500
million tons per year by 2030, an increase of over 200 percent since
2005.

Source: Al Bawaba

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