RasGas Company Limited

An Enterprise for the future three distinct companies, seven trains, a helium project, shipping contracts, and global partnerships - RasGas reaches across three continents.

RasGas Company Limited

RasGas Company Limited (RasGas) is a Qatari Joint Stock Company established in 2001 by Qatar Petroleum and ExxonMobil who are 70 per cent and 30 per cent shareholders respectively.

RasGas is one of the premier integrated liquefied natural gas (LNG) enterprises in the world. RasGas has developed world class facilities for the extraction, storage, processing and export of LNG and entered into long-term agreements to supply customers around the globe, including Korea, India, Italy, Spain, Taiwan, Belgium and the United States.

RasGas currently operates five LNG trains with 20.7 million tonnes per annum (Mta) of production capacity. It is expected that this production will be in the region of 37 Mta by 2009 with the completion of seven trains.

RasGas acts as the operating company for and on behalf of the Project Owners noted below. Its personnel manage and supervise the design, construction and operation of various facilities under the terms of a ‘Services Agreement for Operation and Maintenance’ signed in 2002. The company employs more than 1,400 staff, working on a variety of projects.

In 2003, RasGas was designated to manage and supervise the design, construction and operation of a helium facility on behalf of Ras Laffan, Ras Laffan (II) and Qatargas. The Central Helium Recovery unit (HeRu) project at Ras Laffan extracts helium from RasGas (Ras Laffan and Ras Laffan (II)) and Qatargas (QG 1) LNG trains, and puts Qatar on the map as the provider of 10 per cent of the world’s helium. RasGas has also signed a technical services agreement to manage and supervise activities related to Qatargas (II)’s drilling programme in addition to its own drilling programmes.