Qatargas, the world’s largest LNG producing company, has outlined its future direction, whilst recognising its achievements, in an address given at the 18th Annual Flame 2012 (16-20 April) Amsterdam.
At the global LNG conference, Alaa Abu Jbara, Qatargas’ Chief Operating Officer, Commercial & Shipping, stated, in the presentation of his paper titled “Qatargas Achievements and Future Direction” that: “In a world of competition for long-term energy supplies, access to LNG produced in Qatar is considered by many as a strategically important component of a diversified LNG supply portfolio offering unparalleled security of supply.”
Highlighting the company’s world class operationship, technological advancements and commercialisation he went on to say: “One of the key achievements of Qatargas has been our ability in maintaining reliability in our operations. Thus our history of project execution is a key factor towards our continued future success.”
For Qatargas, its 2015 Vision is to become the world’s premier LNG company, where it will continue to optimise its global portfolio, continue to be environmentally aware and a good corporate citizen.
He added that: “Furthermore, we recognise that we must also continue to develop a premier reputation. We see this as a supplier that has reliable production, is quick and responsive to the markets and has a flexible supply portfolio to meet buyer’s needs. To become a premier LNG company a company must be ahead of the industry and have insight into the global LNG markets.”
Qatargas believes that it is geographically and strategically positioned to supply LNG to the world. Furthermore, Qatargas sees the continuing growth of LNG demand in Asia and that the region is attracting cargos from around the world. Consequently this is also creating competition for LNG supply making it more challenging for other regions to attract LNG.
In conclusion he stated: “We have noticed that all around the world customers rely on the energy produced in Qatar to generate power, light their homes and run their businesses. Qatargas now supplies secure and reliable energy to every corner of the globe. We take our responsibilities to our customers seriously, having delivered over 2500 cargoes safely to their destinations. Qatar’s 2030 vision and Qatargas’ 2015 vision, are together the building blocks that will help secure the world’s future energy needs, today.”
LNG World News Staff, April 24, 2012