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GE To Supply Equipment for Latest Expansion of Rasgas Lng Plant in Qatar Train 5 to Produce Approximately 4.7 Million Tons of LNG Per Year FLORENCE, ITALY. (October 14, 2004) GE Energy's oil and gas business has been selected to supply major rotating equipment for Train 5, the latest expansion of the RasGas (II) facility owned by Ras Laffan Liquefied Natural Gas (LNG) Company Ltd. in the State of Qatar. The new LNG Train 5 will be built adjacent to the existing LNG Train 3 that was completed in December of 2003, and Train 4 now being constructed. GE Energy also has supplied equipment for these two projects. The Train 5 project is scheduled for completion by the end of 2006. Under a contract of more than US$95 million, GE Energy's oil and gas business will provide two Frame 7EA mechanical drive gas turbines, two Frame 6B gas turbine generator packages, one Frame 5D residue gas compressor package, and one Rotoflow Frame 60 turbo expander-compressor. All the gas turbines will be equipped with Dry Low NOx combustion systems to meet the stringent NOx emissions levels now required in Qatar. The equipment will be supplied through a joint venture including Chiyoda Corporation of Japan and Snamprogetti S.p.A. of Italy, which has received the engineering, procurement and construction contract for the plant. RasGas (II) was formed in 2001 to produce and sell LNG, condensate and other hydrocarbon products. Today, the company is constructing onshore, offshore and sub-sea pipeline and gas field facilities. RasGas (II) is owned 70% by Qatar Petroleum and 30% by ExxonMobil Corporation. GE technology is well established in Qatar. In addition to RasGas (II), customers such as Qatar Electricity & Water Corporation, Qatar Petroleum, Qatargas, QAPCO, QAFCO and other QP subsidiaries and joint ventures have been operating GE-designed gas turbines, compressors and generators since the 1980s. About GE Energy GE Energy (www.gepower.com) ) is one of the world's leading suppliers of power generation and energy delivery technology, with 2003 revenues of nearly $18.5 billion. Based in Atlanta, Georgia, GE Energy provides equipment, service and management solutions across the power generation, oil and gas, transmission and distribution, distributed power and energy rental industries. For more information, contact: GE Energy: Dennis Murphy GE Energy +1 678 844 6948 dennis.murphy@ps.ge.com Ken Darling or Howard Masto Masto Public Relations +1 518 786 6488 kenneth.darling@ps.ge.com howard.masto@ps.ge.com > Press Contacts > More 2004 Press Releases |