A Boost to LPG exports: 2 bn cubic feet of Gas per day
The Barzan Gas Project in Qatar is all set to begin by 2014. The project is at an estimate of 10.3 Billion dollars. With this project in place, Qatar is said to produce an additional 500,000 tons of LPG a year. This extra production will be a great boost to the LPG exports.
Currently as far as exports are concerned, the Gulf State’s total exports of LPG amount to 11 million tons per year. It is correctly one of the largest LPG exporters in the world. Thus becoming a pioneer in the gas industry, the state of Qatar is a world leader in LNG. IN numbers Qatar produces almost 77 Million tonnes of LNG each year.
The Barzan project will be completed in 2 phases wherein train 1 will come on stream by 2015 and Train 2 by 2015. The drilling platform that will supply the plant will be located 80km northeast of Ras Laffan Industrial City. The trains together will supply 2 billion standard cubic feet of gas per day. Qatar has also developed 2 World scale “gas-to-liquid” emerging as the ‘gas-to-liquids’ capital of the world.