Ras Laffan LNG Company (Rasgas)
Established in 1993 and commissioned in 1999, Rasgas is a joint venture between Qatar Petroleum (QP), the American company Exxon Mobil, the Korean company Kogas and the Japanese companies LNG Japan and Itochu. The company produces liquefied natural gas (LNG) from a two-train plant with an annual output capacity of 6.6 million tons of LNG and a daily output capacity of 45 thousand barrels of condensate. Presently, two other production trains are under construction, which are expected to raise the company's output capacity to 16 million tons of LNG per year after completion. The plant is supplied with gas from offshore platforms in the North Gas Field through subsea pipelines. Rasgas operates eight LNG vessels, each with a capacity of 135 thousand cubic meters.
His Highness Sheikh Hamad Bin Khalifa al Thani the Emir of the State of Qatar inaugurated the Company's third train in Ras Laffan Industrial City in March 2004 with an annual output capacity of 7.4 million tons of LNG. This train, 100% owned by QP, is considered to be one of the largest of its kind in the world and a landmark milestone in QP's history. The production of the third train will be exported to India through an agreement with Petronet.