Published On: Thu, Dec 3rd, 2015

Qatargas unveils future direction

QNA_QatarGas_New_012012Qatargas held its 17th annual Town Hall meetings that provided an open forum for employees to discuss with the senior management, matters related to the Company and seek clarification on a wide range of subjects and developments.

Qatargas Chief Executive Officer, HE Sheikh Khalid Bin Khalifa Al Thani and members of the Company’s Management Leadership Team attended the event held over two days, one in the Al Khor Community and the second one at Qatargas’ Head Office building in Doha, the company said in press release today.

A highlight of the meetings was the presentation of the Company’s achievements in 2015 by the Corporate Planning Department. The Year 2015 witnessed several achievements for Qatargas as the Company realized its vision of being the world’s premier Liquefied Natural Gas (LNG) company by exceeding the targets it set in different areas of LNG performance.

The presentation listed figures such as an improved reliability rate of 98.4%, greenhouse gas emissions down to 25.6% , maintaining strong performance on unit cost at $11.1 per ton, and reduction of losses to 0.8% of weight of intake. The Company has set its future vision to lead the industry in Safety, Health and Environmental Performance; A High Caliber Workforce; Efficient and Reliable Operations; Customer Satisfaction; and Financial Performance.

Touching on the Company’s other achievements, it was mentioned that in January 2015, Qatargas delivered the first LNG cargo to Thailand under a long-term Sales and Purchase Agreement (SPA). Also in 2015, the Company delivered two commissioning LNG cargoes to Pakistan and Jordan in March and May respectively.

In February 2015, for the third consecutive year, Qatargas participated as a sponsor at the Annual Career Fair for Qatar students in the UK. The Fair was the eighth edition of the annual event organized in London by the Qatari Embassy in the UK.

In April 2015, HE the Prime Minister and Minister of Interior Sheikh Abdullah Bin Nasser Bin Khalifa Al Thani officially inaugurated the Jetty Boil-Off Gas Recovery (JBOG) Project in Ras Laffan Industrial City. The biggest project of its kind and one of the largest environmental investments in the world, the JBOG Project represented a significant milestone in the State of Qatar’s efforts to reduce carbon emissions from its LNG industry. The JBOG Project is part of the Common Facilities Projects at Ras Laffan Industrial City and it is led and operated by Qatargas on behalf of Qatar Petroleum and RasGas. It is an environmental project to recover the gas flared during LNG loading at the six LNG berths in Ras Laffan Port.

In October 2015, the JBOG facility achieved a major milestone by recovering jetty boil of gas from the 1000th LNG ship. Since operations started in October 2014, the JBOG facility has safely recovered approximately 535,000 metric tonnes of LNG, which is enough to power as many as 300,000 homes.

Again in April 2015, marking yet another significant milestone for Qatar’s LNG industry, the 5,000th LNG cargo from the Common LNG Storage and Loading Asset in Ras Laffan Industrial City was loaded on board the Q-Flex vessel ‘AL KARAANA’ at Ras Laffan port.

In September 2015, for the first time in the Middle East and as the first industrial Fire and Rescue Services in the world, the Emergency Management Services (EMS) and Security Department of Qatargas was awarded the distinguished “Accredited Agency” status by the US-based Centre for Public Safety Excellence (CPSE) after successfully meeting the rigorous criteria set by the CPSE’s Accreditation Commission in the areas of continuous quality improvement and enhancement of service delivery.

In October 2015, charterers, Qatargas and RasGas, and their Shareholders announced the successful commissioning of a gas burning M-Type Electronically Controlled – Gas Injection (ME-GI) System during the 2nd phase of gas trials on the chartered Q-Max vessel, Rasheeda. The Project, sponsored by Qatar Petroleum in anticipation of global environmental legislation, is reported to have cost its stakeholders in excess of USD 30 million.

In the same month, Qatar Petroleum President, CEO and Qatargas Chairman Saad Sherida Al-Kaabi, accompanied by Khalid bin Khalifa Al-Thani, CEO of Qatargas and senior officials from Qatar Petroleum and Qatargas, visited Japan and held talks with senior executives of major Japanese corporations. The meetings and discussions focused on various aspects of existing and future cooperation between Japanese clients and partner companies and Qatar Petroleum and its companies, particularly in the LNG trade.

In November 2015, for the second consecutive year, Qatargas’ Shipping Department won two prestigious awards from the British Safety Council for its commitment to achieving excellent standards of health, safety and environmental management. At a special ceremony held at Drapers’ Hall in London on 27 November 2015 Qatargas was presented with the Sword of Honour, for excellence in the management of health and safety risks at work, and the Globe of Honour, for excellence in environmental management. The Company was one of only seven organisations worldwide who were successful in winning both the Sword of Honour and Globe of Honour in 2015. As many as 61 organisations worldwide won a Sword of Honour and eight achieved a Globe of Honour.

Source: Qatar news agency

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