Ras Laffan Liquefied Natural Gas Company Limited (3) (Ras Laffan 3) today announced the completion and start-up of Train 6 at Ras Laffan Industrial City, Qatar.

The project is a joint venture of Qatar Petroleum (70 percent interest)
and ExxonMobil Ras Laffan (III) Limited (30 percent interest) and
represents an expansion of the existing LNG production facilities
operated by RasGas Company Limited.

Train 6 is designed to produce 7.8 million tons per year, matching the
capacity of the largest LNG train in the world, also located in Qatar.
These mega facilities have sufficient scale to competitively reach
markets all around the globe. In addition, Ras Laffan 3 is also
constructing its second 7.8 million tons per year train, known as Train
7, expected to start-up in late 2009. Both Trains 6 and 7 will be
supplied natural gas from Qatar’s giant North Field, which is estimated
to contain in excess of 900 trillion cubic feet of natural gas.

“Working in partnership with Qatar Petroleum, Ras Laffan 3 Train 6
represents yet another technological milestone that will help supply
the growing global demand for clean-burning natural gas,” said Neil
Duffin, president, ExxonMobil Development Company. “Advanced
technologies, strong project execution skills and economies of scale
have reduced the cost of producing and transporting LNG, thereby
extending our ability to bring LNG to more people around the world.”

Ras Laffan 3 is part of a full value-chain investment that includes the
facilities associated with natural gas production and liquefaction in
Qatar, coupled with investments by affiliates of Qatar Petroleum and
ExxonMobil in 12 new world class Q-Flex LNG vessels and the Golden Pass
LNG regasification terminal under construction near Sabine Pass, Texas.
The Golden Pass LNG terminal is a joint venture consisting of
affiliates of Qatar Petroleum (70 percent), ExxonMobil (17.6 percent)
and ConocoPhillips (12.4 percent) and is expected to start up in 2010.

Qatar has become the world’s largest LNG supplier. Through successful
joint ventures with Qatar Petroleum, ExxonMobil has an interest in 12
trains in Qatar to supply liquefied natural gas to major markets in
Asia, Europe and North America. Ras Laffan 3 Train 6 is the second 7.8
million tons per year LNG plant brought online by Qatar Petroleum and
ExxonMobil joint ventures this year.

Source: Exxon Mobil

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