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Qatar, ExxonMobil sign EPC contracts for Qatar Gas II.

Qatar Petroleum and ExxonMobil passed a significant milestone last month by signing the engineering procurement and construction contracts for the QatarGas II project; a $12 billion undertaking described as the world's largest LNG project to date. The contracts are for the offshore and onshore facilities of the joint venture that will supply LNG to the United Kingdom by 2008.

The onshore facilities contract comes with a price tag of around $4 billion and was awarded to a joint venture between Chiyoda and Technip to build two 7.8 million tons per annum LNG liquefaction trains. The feedstock will come from Qatar's North Field which has proven natural reserves in excess of 900 Tcf, 9.3% of the world's proven reserves.

The gas will be borne to the new liquefaction trains via offshore facilities that will be provided under a $500 million contract by the National Petroleum Company of the UAE. The facilities involve three new wellhead platforms and two pipelines leading to the onshore facilities.
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Title Annotation:International
Comment:Qatar, ExxonMobil sign EPC contracts for Qatar Gas II.(International)
Publication:Pipeline & Gas Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 1, 2005
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