Qatar Today - - BUSINESS > OIL&GAS -

The Emir, HH Sheikh Tamim bin Ha­mad Al Thani, laid the foun­da­tion for Laffan Re­fin­ery 2 (LR2) at a cer­e­mony held at the Qatar Na­tional Con­ven­tion Cen­tre.

The QR5.5 bil­lion LR2 project will dou­ble the con­den­sate re­fin­ing ca­pac­ity of the ex­ist­ing LR1 to 300,000 bar­rels per day, re­in­forc­ing the coun­try's unique po­si­tion as the largest con­den­sate pro­ducer with the largest con­den­sate re­fin­ing ca­pac­ity in the world.

In his key­note ad­dress, the Min­is­ter of En­ergy and In­dus­try HE Dr Mo­hamed bin Saleh Al Sada said that the new re­fin­ery rep­re­sented an­other step on the path to achiev­ing the Qatar Na­tional Vi­sion con­ceived by the Emir. “This re­fin­ery is part of an in­te­grated devel­op­ment pro­gramme be­ing im­ple­mented by all ac­tive par­ties in the en­ergy and in­dus­try sec­tor in Qatar to en­hance our ca­pa­bil­ity to ful­fill di­verse en­ergy needs.”

HE Dr Al Sada said that the new re­fin­ery will cre­ate added value and new eco­nomic op­por­tu­ni­ties by en­hanc­ing our ex­port ca­pac­ity and ful­fill­ing the long-term needs of in­ter­na­tional mar­kets.

LR2 is a joint ven­ture be­tween Qatar Petroleum, To­tal, Idemitsu, Cosmo, Marubeni and Mit­sui. LR2, like LR1, will be op­er­ated by Qatar­gas Op­er­at­ing Com­pany Lim­ited (Qatar­gas) and the con­struc­tion works are sched­uled to be com­pleted by the third quar­ter of 2016.

The re­fin­ery pro­cesses con­den­sate, an as­so­ci­ated prod­uct to nat­u­ral gas pro­duc­tion that is re­fined into a num­ber of high-qual­ity prod­ucts, which can be used as lower emis­sion fu­els and feed­stock for petro­chem­i­cal pro­duc­tion. All prod­ucts will be hy­dro-treated to re­duce the sul­phur con­tent, meet­ing the most strin­gent qual­ity stan­dards.

It will process 146,000 bar­rels per stream day (BPSD) of con­den­sate feed­stock. The re­fined prod­ucts will in­clude 71,000 BPSD of naph­tha, 60,800 BPSD of kerosene, 27,000 BPSD gasoil and 850 tonnes of LPG a day ( bu­tane and propane).

Newspapers in English

Newspapers from Qatar

© PressReader. All rights reserved.