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« ADB assistance could double to $9bn | Main | Consortium plan $7.5bn high speed rail from Lagos to N'Delta »

March 5, 2009

$13bn project boosts Qatar's LNG position

By Pratap John

Qatar will consolidate its position as the leader in the global LNG industry with the inauguration of the $13.2bn Qatargas 2 - the world's first fully integrated value chain liquefied natural gas venture at Ras Laffan on April 6.

HH the Emir Sheikh Hamad bin Khalifa al-Thani will inaugurate the Qatargas 2 facility, which consists mainly of two world's largest LNG trains with 7.8mn tonnes per year (tpy) capacity each.

The two Qatargas trains - Train 4 and Train 5 - will supply LNG to the South Hook terminal in Wales, the UK, which has an annual regasification capacity of 16mn tpy.

Full Story...

Posted by boyang at March 5, 2009 7:10 AM