Energy Minister: 'Barzan Gas Foundation Stone to be laid in November'

Doha, October 01 (QNA) - The Barzan Gas Project foundation stone will be laid on November 2011, HE the Minister of Energy and Industry Dr. Mohammed bin Saleh Al-Sada said on Saturday.
A joint venture between Qatar Petroleum (QP) and ExxonMobil Barzan Limited, the Barzan Project will be located in Ras Laffan Industrial City and will be operated by RasGas Company Limited to produce and process gas from Qatar s North Field to supply sales gas to power stations and industries in Qatar, ethane to the petrochemicals industry in Qatar, and associated liquid hydrocarbons for sale into local and international markets. The USD 8.6 billion project is expected to supply 1.4 billion cubic feet per day of gas with first gas flow planned for 2014.
With local demand for energy growing, the Barzan project will contribute significantly to meeting the rising gas demand to fuel Qatar s industrial sector, Dr. Al-Sada told Qatar News Agency (QNA) on the sidelines of the annual Shukran from Texas A&M University at Qatar (TAMU-Q).
The event recognised and thanked the partners in industry, government and the local community that supported the University during the past year, including over 80 companies and individuals from Qatar and the GCC.
Qatar occupies an important position in the world not only in terms of oil and gas industry, where it is the world's biggest Liquefied natural gas (LNG) and Liquefied petroleum gas (LPG) exporter, but also in the petrochemicals industry, said Dr. Al-Sada.
Qatar has grown its energy industry steadily, realising the vision of HH the Emir Sheikh Hamad bin Khalifa Al Thani, the Energy and Industry Minister concluded. (QNA)