News Release Details
Center to tap downstream sector in Qatar
New Delhi 19-Sep-2007
The Center is evaluating opportunities to participate in the recently announced initiative of Qatar in downstream sector. Qatar, with its focus on LPG production, is expected to reach the 14-million tonne mark by 2010. The government of Qatar has formed a company, Tasweeq, to handle LNG and other natural gas byproducts like condensate, sulphur and refined products. The country's current LNG production stands at 31 -million tonne per year.The Center has launched its exploratory move after Qatar revealed its plan in this regard at a conference on 'Middle Eastern LPG in Global Market Place'. Deputy Prime Minister of Qatar, Al Attiya listed various downstream initiatives. Informed sources told FE, with the completion of Shell GTL project, Qatar has projected that it would become the unquestioned GTL capital of the world. However, the country has emphasized need for coordination among LPG exporters Saudi Arabia, UAE and Qatar. RasLaffan Condensate Refinery, with a capacity of 1,46,000 barrels per day, would be opera-tional by December2008.
New Delhi 19-Sep-2007
The Center is evaluating opportunities to participate in the recently announced initiative of Qatar in downstream sector. Qatar, with its focus on LPG production, is expected to reach the 14-million tonne mark by 2010. The government of Qatar has formed a company, Tasweeq, to handle LNG and other natural gas byproducts like condensate, sulphur and refined products. The country's current LNG production stands at 31 -million tonne per year.The Center has launched its exploratory move after Qatar revealed its plan in this regard at a conference on 'Middle Eastern LPG in Global Market Place'. Deputy Prime Minister of Qatar, Al Attiya listed various downstream initiatives. Informed sources told FE, with the completion of Shell GTL project, Qatar has projected that it would become the unquestioned GTL capital of the world. However, the country has emphasized need for coordination among LPG exporters Saudi Arabia, UAE and Qatar. RasLaffan Condensate Refinery, with a capacity of 1,46,000 barrels per day, would be opera-tional by December2008.