In view of the large reserves of this field and the qualities of gas as a clean, safe and sustainable source of energy, Qatar Petroleum (
The first and second shipments of LNG were exported to Japan in 1997. The first provided 135,000 cubic meters for Chubu company, while the first shipment of exported condensates carried 55,000 metric tons to the USA.
The Company also concluded a US $ 40 million deal to export about 500,000 tons of liquefied natural gas and condensate to the American market for one year.
In 2000, the Company was able to sell 6.75 million tons of LNG and its daily production of condensate reached 48,000 tons.
An initial agreement was signed with KOGAS to increase its LNG purchases from 2.4 million metric tons to 4.8 million metric tons annually for 25 years.
RASGAS signed an agreement with Petronet Co. of India to supply India with 5.7 million metric tons of LNG for 25 years starting from 2003.
The company also signed an initial agreement to supply the Indian Daction Bharat Consortium (DBEC) with 2.6 million metric tons of LNG annually for twenty years starting from 2003.
Within the framework of the Company's ambitious strategy to increase its output capacity, two maintenance and expansion contracts worth more than US $ 200 million were signed by RASGAS and Nuovo Pigonne of Italy to increase the annual production of QATAR GAS from 7.7 million tons to 9.2 million tons by the year 2005.
The port has two LNG berths, two berths for loading liquid products and petrochemicals, two dry cargo container and general container berths and a heavy