RasGas Milestones
RasGas is an intrinsic part of the fabric of Qatari society, contributing to the conservation of its heritage, the preservation of its wildernesses and traditions and supporting a wide range of health, education, art and cultural events.
November 2005
Ras Laffan Liquefied Natural Gas Company Limited (3) is established to own Trains 6 and 7.
September 2005
Ras Laffan Liquefied Natural Gas Company Limited (RL) and the Korea Gas Corporation (KOGAS) sign an equity participation agreement under which the Korea RasGas LNG Limited shareholders (KORAS) acquire a 5 per cent shareholding in RL.
September 2005
Ras Laffan Liquefied Natural Gas Company Limited (3) awards the onshore and offshore engineering, procurement and construction (EPC) contracts for Trains 6 and 7.
August 2005
The Ras Laffan Helium Project produces its first liquid helium. The crude helium stream is extracted from seven existing LNG trains, four at RasGas and three at Qatargas.
August 2005
Train 4 and its associated acid-gas injection facilities are successfully commissioned ahead of schedule, and the new train produces its first LNG.
July 2005
The Lusail, the third (and with a capacity of 145,000 m 3, the largest to date) LNG tanker time-chartered by RasGas, arrives at Ras Laffan to load its first cargo.
February 2005
RasGas signs an agreement with Distrigas of Belgium to supply 2.07 Mta of LNG for 20 years, starting in early 2007.
November 2004
RasGas signs a new, short-term agreement with the Korea Gas Corporation (KOGAS) to supply an additional 3.84 Mta of LNG from late 2004 to April 2008.
July 2004
RasGas announces time-charter agreements for eight further LNG tankers. Three will be jointly owned by the Qatar Gas Transport Company (QGTC) and Teekay Shipping Corporation, four by QGTC and Maran Gas Maritime, and one by QGTC and a consortium of Japanese ship owners.
June 2004
Fluxys LNG signs a long-term capacity agreement to enable RasGas to supply LNG to the European market through the Fluxys Zeebrugge terminal beginning in 2007.
February 2004
Train 3 produces its first LNG and the first shipment leaves for India, where the new Petronet terminal at Dahej in Gujarat is formally inaugurated.
January 2004
Offshore completion of Train 3 and delivery of the Disha, the first of two new vessels time-chartered by Petronet to transport LNG from Train 3 to India.
January 2004
RasGas takes delivery of its first dedicated LNG carrier, the Fuwairit. The second, the Maersk Ras Laffan, is delivered in May 2004.
November 2003
RasGas (II) and Edison Gas agree to increase deliveries of LNG to 4.6 Mta from 2008.
October 2003
Qatar Petroleum and Exxon Mobil Corporation sign a heads of agreement for RasGas (II) to supply 15.6 Mta of LNG to the United States, for a period of 25 years from 2008/9. This agreement necessitates the construction of what will be two of the largest trains ever built for the LNG industry Trains 6 and 7.
July 2003
RasGas (II) and Endesa Generacion SA sign a 20 year agreement for the supply of 0.8 Mta of LNG commencing in 2005.
May 2003
RasGas, RasGas (II) and Qatargas combine resources to plan, build and operate the Ras Laffan Helium project.
March 2003
The company is appointed to build and operate phase one of the Al Khaleej Gas (AKG-1) project on behalf of ExxonMobil Middle East Gas Marketing Limited.
March 2003
RasGas signs an exclusive heads of agreement with the Chinese Petroleum Company (CPC), of Taiwan, to supply 3 Mta of LNG from 2008. The sales and purchase agreement is signed in September 2005.
October 2002
RasGas (II) exercises options under existing Train 3 agreements with its contractors to begin detailed engineering, procurement and construction work on Train 4.
September 2002
The World Petroleum Congress rates RasGas one of the best 30 LNG companies worldwide.
July 2002
RasGas signs a time-charter party agreement with Qatar Shipping and a Japanese consortium for its first dedicated 138,000 m3 LNG carrier. The time charter agreement is the first of six to be signed as part of the companyÍs first acquisition programme.
January 2002
The foundation stone fro Train 3 is laid.
September 2001
The first repayments are made on RasGas loans, and the first dividends are paid to RasGas shareholders.
July 2001
RasGas Company Limited established to operate all LNG trains and future projects at the Ras Laffan site and offshore.
June 2001
RasGas (II) and Edison Gas sign a 25-year agreement for the supply of 3.5 Mta of LNG commencing in 2005.
May 2001
RasGas completes the financial projects for Trains 1 and 2.
March 2001
Ras Laffan Liquefied Natural gas Company Limited (II) is established to own Trains 3, 4 and 5.
March 2000
Production of LNG from Train 2 commences. The aggregate capacity of Trains 1 and 2 is 6.6 Mta.
October 1999
HH the Emir of the State of Qatar Sheikh Hamad Bin Khalifa Al Thani inaugurates the RasGas plant and facilities.
July 1999
Against fierce competition, RasGas secures an agreement to supply Petronet LNG Limited of Indian with 5 Mta of LNG to the new LNG terminal at Dahej in Gujarat and, subject to some conditions being met, a further 2.5 Mta.
April 1999
Production of LNG from Train 1 commences. LNG is held in storage tanks at Ras Laffan port, and the first shipment leaves for Korea in August, on KOGAS's chartered tanker, the SK Summit.
June 1997
RasGas and KOGAS agree to increase annual deliveries of LNG to 4.9 Mta.
December 1996
Arrangements are finalized for loan facilities totaling US$2.55 billion, enabling work to begin on the drilling and construction of Train 1.
October 1995
RasGas signs an agreement with the Korea Gas Corporation (KOGAS) to supply 2.4 Mta of LNG, beginning in 1999.
October 1993
RasGas is established by Emiri decree as Ras Laffan Liquefied Natural Gas Company Limited. This step is part of the creation of a liquefied natural gas (LNG) export industry in Qatar.
1991
The North Field Alpha project begins producing natural gas and condensate.
1971
Natural gas is discovered offshore, but it takes several years of exploration and evaluation before it is realised how significant the find is. The latest estimate if North Field reserves is 900 trillion standard cubic feet, making it the largest single, non-associated natural gas field in the world, with around 10 per cent of known reserves.
1939
The first oil is discovered in Qatar, near the western city of Dukhan, but due to the Second World War, no oil is exported until 1949. Offshore exploration begins in the early 1960s, with major finds in 1960, 1963 and 1965. By 2000, average daily production of crude oil reaches 687,000 barrels.
