Qatar launches Al Khaleej gas project phase

July 14, 2006
Qatar Petroleum Co. and ExxonMobil Middle East Gas Marketing Ltd. have signed a development plan and initiated the second phase of the Al Khaleej Gas (AKG-2) project in giant offshore North field.

By OGJ editors
HOUSTON, July 14 -- Qatar Petroleum Co. and ExxonMobil Middle East Gas Marketing Ltd. have signed a development plan and initiated the second phase of the Al Khaleej Gas (AKG-2) project in giant offshore North field.

AKG-2, estimated to cost more than $3 billion, is scheduled to be operational in 2009. It is expected to produce 1.58 bcfd of wet gas and recover associated condensate and NGLs for local sale.

The project will yield about 1.25 bcfd of sales gas; 15 million bbl/year of field condensate; 1 million tonnes/year of NGLs, including propane, butane, and plant condensate; and 870,000 tonnes/year of ethane for use as petrochemical feedstock.

The AKG-2 development will involve the construction of offshore and onshore facilities including two wellhead platforms, gas treating and liquids recovery facilities, and fractionation operations.

The first phase of Al Khaleej Gas (AKG-1) began production of 750 MMcfd pipeline sales gas in November 2005.