THE Qatar Thread (merged)

by **Graeme** » Sat 19 Nov 2005, 03:15:46

Qatar, US launch huge LNG project in strategic alliance

Qatar and Washington have launched a joint project to build the world's largest liquefied natural gas (LNG) refinery mostly for export to the United States, in a 14-billion-dollar strategic alliance between the two countries.

Qatar Petroleum has a 70-percent stake in the project and ExxonMobil Ras Laffan III Limited, a subsidiary of the US oil major ExxonMobil, the remaining 30 percent.

In a first phase, the RasGas-3 plant is to produce 15.6 million tons a year of LNG through two trains, the first of which will be operational from the second half of 2008, according to an official statement.

yahoo

by **OilsNotWell** » Sat 19 Nov 2005, 04:14:38

Inevitable - saw this coming years ago...

Now that large permanent military base there makes so much more sense to those who haven't seen this piece of the puzzle...NA NG decline, Qatar one of the world's largest gas deposits, accessible waterway, stategic location in strategic waterway in the world's decidedly most important geopolitical area...

by **Devil** » Sat 19 Nov 2005, 04:36:03

Gawd help us! The world's largest climate change establishment

http://www.cypenv.org/world/Files/methane.htm

by **Starvid** » Sat 19 Nov 2005, 08:17:21

Aargh!

The US should not, repeat NOT, go for LNG.

by **The_Virginian** » Thu 24 Nov 2005, 00:00:21

It's expensive to boot.

We could put the money into better projects...but that "object in motion" thing comes to mind...

by **Graeme** » Mon 05 Jun 2006, 04:08:55

Sasol opens world-first gas-to-liquids plant in Qatar

Petrochemicals company Sasol tomorrow officially opens its world-first gas-to-liquids (GTL) plant in Qatar, which has been built to produce alternative cleaner fuels for the global market.

The $950-million Oryx GTL plant is a Sasol-Qatar Petroleum joint venture, which will be scaled up in the next few months to convert gas from the Gulf's North Field into 34 000 barrels a day (bbpd) of liquid hydrocarbons. It will produce mainly environmentally-friendly, high-performance GTL diesel, using proven Sasol technology.

Oryx is the first low-temperature Fischer-Tropsch GTL facility outside South Africa that is dedicated to the production of new-generation GTL diesel. In partnership with Sasol Chevron and Qatar Petroleum, the intention is to triple the existing capacity of the plant to some 100 000 bbpd. The feasibility of building an integrated GTL plant with a capacity of about 130 000 bbpd is also being explored.

miningweekly

by **Mesuge** » Mon 05 Jun 2006, 05:12:22

$950-million Oryx GTL plant equals 34 000 barrels a day (bbpd)?

That's a bargain! :twisted:

by **SHiFTY** » Mon 05 Jun 2006, 05:29:06

GTL plants have been around for decades, it's only that this is a new process. There was one built at spectacular cost in NZ I believe.

However it is great news, even if it's a drop in the bucket. Diesel is obviously a lot easier to transport than natgas, and much more useful.

They should build these in other countries where they just 'flare' gas, it always seems like an incredible waste to me.

by **lowem** » Mon 05 Jun 2006, 06:02:51

Mesuge wrote:$950-million Oryx GTL plant equals 34 000 barrels a day (bbpd)?

That's a bargain!

Yes, in fact it's a whole lot cheaper than $87 billion isn't it?

by **Mesuge** » Mon 05 Jun 2006, 06:35:23

That volume visualisation of cash of u$d is hillarious, thanks..

by **Tanada** » Mon 05 Jun 2006, 06:42:35

Graeme wrote:Sasol opens world-first gas-to-liquids plant in Qatar

Petrochemicals company Sasol tomorrow officially opens its world-first gas-to-liquids (GTL) plant in Qatar, which has been built to produce alternative cleaner fuels for the global market.

The $950-million Oryx GTL plant is a Sasol-Qatar Petroleum joint venture, which will be scaled up in the next few months to convert gas from the Gulf's North Field into 34 000 barrels a day (bbpd) of liquid hydrocarbons. It will produce mainly environmentally-friendly, high-performance GTL diesel, using proven Sasol technology.

Oryx is the first low-temperature Fischer-Tropsch GTL facility outside South Africa that is dedicated to the production of new-generation GTL diesel. In partnership with Sasol Chevron and Qatar Petroleum, the intention is to triple the existing capacity of the plant to some 100 000 bbpd. The feasibility of building an integrated GTL plant with a capacity of about 130 000 bbpd is also being explored.

miningweekly

There has been talk for decades about building a large GTL plant at Deadhorse Alaska to start converting all that Methane into GTL diesel and then shipping it down the AK pipeline. Will it ever happen? Sure, about 10 years AFTER Anwar is opened up, until then they want to keep the pipeline availible for crude from Anwar.

by **Novus** » Mon 05 Jun 2006, 07:42:46

This what I call turning Gold into Lead.

by **jimk** » Mon 05 Jun 2006, 17:07:37

In these places where there's lots of natural gas too far from consumers - how often do fertilizer manufacturers just put a plant right by the gas field. I think ammonium nitrate doesn't really require much other input. Fertilizer must be cheap enough to ship around.

Here's an even stranger idea. How hard would it be to run a car off ammonium nitrate? Got to be some way to get mechanical energy back out, other than just exploding duck ponds and office buildings.

by **DantesPeak** » Tue 06 Feb 2007, 08:45:57

link

Russia, Iran, Qatar to Assess Need for Gas OPEC in March
Created: 06.02.2007 10:17 MSK
On Monday, Feb. 5, Iranian Oil Minister Kazem Vaziri-Hamaneh said that Iran, Qatar, and Russia will assess the formation of a natural gas exporting group, similar to the Organization of Petroleum Exporting Countries (OPEC) on March 6.

Iran, Russia, and Qatar will discuss the issue during the sixth session of the Gas Exporting Countries Forum (GECF) slated for March 6, Hamaneh added during the commissioning ceremony of Jam-Taheri-Assaluyeh Highway in southern Iran.

The Gas Exporting Country Forum was formed in 2001. Member countries include Algeria, Bolivia, Brunei, Egypt, Indonesia, Iran, Libya, Malaysia, Oman, Qatar, Russia, Trinidad and Tobago, the United Arab Emirates and Venezuela. Norway is an observer.

MosNews

Iran, Qatar, Russia to assess gas OPEC early March: minister Tehran Times Economic Desk:
TEHRAN — Iran’s Oil Minister on Monday said that Iran, Qatar, and Russia will assess the formation of a natural gas exporting group, similar to the Organization of Petroleum Exporting Countries (OPEC) on March 6.

Iran, Russia, and Qatar are to forward the issue during a six session of the Gas Exporting Countries Forum (GECF) slated for March 6, Kazem Vaziri-Hamaneh added during the commissioning ceremony of Jam-Taheri-Assaluyeh Highway in southern Iran.

The GECF six session was planned to be held last September in Qatar, “but it was postponed until January and then until March,” the official explained, according to the Mehr News Agency.

Tehran Times

by **DantesPeak** » Tue 06 Feb 2007, 17:56:48

'Gas OPEC' Moves Closer To Becoming Reality
Russian President Vladimir Putin last week said that the idea, increasingly floated in recent months, of creating a worldwide natural-gas cartel was "interesting."
It's hardly a new proposal, however.

An Idea Whose Time Has Come: Putin first floated the idea of a gas cartel in 2002, during his second year as president. He quickly met with opposition from Western energy companies and -- in what was to become a feature of his style of governing -- retreated and put the issue on the back burner.

At that time, he was supported by the leaders of Central Asian gas-producing nations, who were lobbying Moscow to create such a cartel.

But Putin, seeking to regain state control over Russia's vast energy sector, had his hands full. He apparently decided to wait for a more opportune moment to return to this idea. It seems that this moment is rapidly approaching. "We're already trying to coordinate our actions in the markets of third countries," Putin said during his annual Kremlin news conference on February 1. "And we also intend to do it in future."

Huliq.com

by **mekrob** » Tue 06 Feb 2007, 18:31:25

58.2% of gas reserves in the world are in those three countries. OPEC nations wish they had that kind of power. Saudi Arabia has a max of 20% of the market share, if they are telling the truth. OGEC (that's a fun word to say) will be feared much more than OPEC.

by **Free** » Sat 10 Feb 2007, 14:18:06

Gideon wrote: If you've got it, and everybody wants it, then you are sitting pretty.

Or you are hanging not so pretty...

by **mekrob** » Sun 11 Feb 2007, 18:25:34

Mekrob, sure, 20%, but how much of exports?

You're right. I was talking oil "reserves".
But I was almost right anyway if it were about exports. Energy Bulletin

Roughly 25% of exports are from Saudi Arabia. Even they don't have the kind of stranglehold on the oil market that this new OGEC would eventually.

by **eXpat** » Mon 12 Feb 2007, 10:22:44

Qatar will consider sell gas in euros, link here.
and this (extracted from the link above):

"Moreover, the United Arab Emirates will convert 8% of its foreign-exchange reserves to euros from dollars before September, the country’s central bank governor said on December 24. Syria has also said it will replace dollar holdings with the euro."

doesn't help to keep trust in the dollar.

by **DantesPeak** » Tue 13 Feb 2007, 08:44:53

Qatar Shows Interest In Natural-Gas Cartel By JAMES HERRON Feb 13, 2007; Page A2:
Qatar's interest in exploring the creation of an OPEC-like cartel for natural gas adds another major producer to a group that includes Russia and Iran. Even so, industry experts say the nascent effort faces significant obstacles, ranging from a fragmented market to a history of noncooperation among the world's biggest holders of reserves.

Russian President Vladimir Putin and Qatari Emir Sheik Hamad bin Khalifa Al Thani said yesterday, at a meeting in Doha, Qatar, that they wanted competing gas producers to cooperate more. Mr. Putin said he would send a team of experts to a natural-gas conference in Doha in April, where they would discuss details of building a cartel.

The leaders of Russia, the No. 1 gas producer in terms of reserves, and No. 2 Iran have been talking recently about creating a group similar to the Organization of Petroleum Exporting Countries, which manages its output in an effort to sway crude-oil prices world-wide. If such a group were formed, the inclusion of No. 3 Qatar -- a major producer of liquefied natural gas, or LNG -- would give it significant clout.

But forming such a group could be difficult. Sheik Hamad said he supported the discussions, but he was unsure whether a gas cartel would be able to command the same degree of market control as OPEC does.

WSJ

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