RasGas awards EPC Contract to Chiyoda Almana

Chiyoda Corporation (“Chiyoda”) (TSE: 6366; ISIN: JP3528600004), one of Japan’s leading engineering and construction firms, announces that its subsidiary in Qatar, Chiyoda Almana Engineering LLC (“Chiyoda Almana”), has recently been awarded a contract by RasGas Company Limited (RasGas) for the engineering, procurement, construction (EPC) for the Onshore Flow Assurance Project.

The scope of the project consists of onshore storage, pumping and loading facilities that will pump mono-ethylene glycol (MEG) through a high pressure pipeline system to eight RasGas and three Qatargas offshore wellhead platforms to prevent the formation of hydrates. The project includes MEG transfer pumps and facilities to load road tankers that will supply MEG to the RasGas, Qatargas and Barzan onshore facilities, and the capability to load marine vessels to transport MEG to offshore back-up tanks on the wellhead platforms. The same berth will also be used to unload MEG from chemical supply tankers.

Nafez Bseiso, Chief venture Officer of RasGas said: “ The Flow Assurance Project represents a strategic step being taken by RasGas and Qatargas to manage long-term reservoir injectivity risks while sustaining our industry leading reliability. We are pleased to have Chiyoda Almana working with us under an Engineering, Procurement and Construction contract to execute the onshore scope of work for this project.”

Chiyoda Almana Engineering Chairman, Madoka Koda said: “Chiyoda Almana is extremely proud and honoured to continue our relationship with RasGas through the award of this EPC contract, which affords Chiyoda Almana the opportunity to expand on our local Engineering, Procurement, and Construction management (EPCm) capability and experience with RasGas. We look forward to providing RasGas with high quality services for the safe and successful delivery of new onshore facilities to ensure the integrity and longevity of the RasGas LNG plants.”

About RasGas

RasGas Company Limited (RasGas) is a Qatari joint stock company established in 2001 by Qatar Petroleum and ExxonMobil RasGas Inc. RasGas acts the operating company and on behalf of the owners of the liquefied natural gas (LNG) projects RL, RL (II) and RL 3 (Project Owners). With operations facilities based in Ras Laffan Industrial City, Qatar, RasGas’ principal activities are to extract, process, liquefy, store and export LNG and its derivatives from Qatar’s North field. RasGas, on behalf of the Project Owners, exports to countries across Asia, Europe and the Americas with a total LNG production capacity of approximately 37 million tonnes per annum. For pipeline sales gas for the domestic market, RasGas also operates the Al Khaleej Gas Projects, AKG-1 and AKG-2 supplying approximately 2.0billion standard cubic feet (Bscf) per day. RasGas is currently adding production capacity by building the Barzan Gas Project which when fully operational in 2015, is expected to supply approximately 1.4 Bscf of additional sales gas per day to the Qatari market to meet growing demand for energy at power stations and downstream industries. RasGas currently operates the Ras Laffan Helium plant which was established in 2003 and came on stream in 2005. The plant extracts, purifies and liquefies helium from the North Field. The second helium plant entered production in June 2013 bringing the total liquid Helium production capacity to 1.96 Bscf per year.

www.rasgas.com

About Chiyoda Group

Chiyoda has been in Qatar since the 1970’s and has recently completed large scale projects in Ras Laffan industrial city including LNG plants for Qatargas, RasGas and the Feed Gas Preparation (“FGP”) package on the Pearl GTL Complex for Qatar Shell.

Chiyoda Almana was established by Chiyoda in March 2008 in collaboration with local company (Almana Group), as Qatari local company providing full engineering services in Qatar. Chiyoda Almana was formed to provide high quality brownfield engineering and project management services to plant owners and operators in Qatar. Chiyoda Almana aims to contribute to the sustainable development of Qatar society and to achieve harmony between energy and environment in the field of “Project Lifecycle Engineering*1” by utilising its considerable local capability and the experience of its diverse workforce in the development and delivery of FEED / concept studies, Engineering, Procurement and Construction services.

*1 A business model, involving both Chiyoda and the client, that provides feasibility studies, front-end engineering and design (FEED), detailed engineering, procurement and construction (EPC), operation, maintenance, expansion, modification, upgrading and revamping throughout the lifecycle of a project.

For more information, please contact:
Chiyoda Corporation
IR & Public Relations Section
URL: http://www.chiyoda-corp.com/en

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