Wednesday, February 24, 2010

Exxon Qatar Natural Gas Project Started Up

HOUSTON, Feb 23 (Reuters) - Qatar Petroleum and Exxon Mobil (XOM.N) said on Tuesday the Al Khaleej Gas-Phase 2 (AKG-2) project started up with 1.25 billion cubic feet per day (bcfd) of sales gas capacity aimed at meeting demand from local industry.
Combined with Al Khaleej Gas-Phase 1 (AKG-1), which began production in 2005, the AKG projects will have a total capacity of 2 billion bcfd, making it the largest source of domestic gas supply in Qatar, Exxon said.
"We consider the AKG project as one of the strategic development projects of the North Field as it supplies gas to various power and desalination plants, as well as petrochemical and other energy intensive industries in Qatar," Abdulla Bin Hamad Al-Attyiah, Deputy Premier Minister of Energy and Industry, Chairman and Managing Director of Qatar Petroleum, said.
Exxon's North Field projects in Qatar are expected to produce nearly 3 bcf per day of natural gas for Qatar when completed. (Reporting by Anna Driver in Houston)

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