The commercial start-up of Laffan Refinery 2 was announced by Qatargas yesterday, that marks a major shift in the expansion of refining capacity in Qatar.
The project is set to refine 146,000 barrels per day of condensate from the North Field, the largest non-associated natural gas reserve in the world, as reported by The Peninsula.
It may noted that the Laffan Refinery 2 produces low Sulfur Euro-V specifications products such as Naphtha, Jet-A1, Ultra low Sulfur Diesel (ULSD), Propane and Butane for local and international markets.
President of Qatargas, Saad Sherida Al Kaabi Qatar Petroleum described the commercial start-up of Laffan Refinery 2 as “an important and strategic milestone for the unparalleled Qatargas facilities.”
Al Kaabo noted that the expansion of the existing capacity has been implemented within the framework of an integrated plan to develop the oil and gas industry in Qatar and to diversify the utilisation of Qatargas’s natural resources as well as to meet current and future needs of the domestic market of high-quality petroleum products, all in line with Qatar National Vision 2030, repots The Peninsula.
As a matter of fact, Qatargas operates the refinery on behalf of the shareholders – Qatar Petroleum (84 per cent), Total (10 per cent), Cosmo (2 per cent), Idemitsu (2 per cent), Mitsui (1 per cent) and Marubeni (1 per cent).