Qatar Petroleum and ExxonMobil set pace for global growth in LNG

摘要

Joint ventures involving Qatar Petroleum and ExxonMobil are expected to supply a significant amount of the world's production of liquefied natural gas (LNG) by 2010. Supported by ever-improving economies of scale, new technology and expanded plant and terminal capacity as well as Qatar's significant natural gas resources, these Qatargas and RasGas joint ventures expect to increase annual LNG production in Qatar to more than 61 million tons within two years. This is the equivalent to supplying the yearly natural-gas needs for more than 30 million homes.