Qatar extends downstream hydrocarbon push
Qatar petroleum has joined with a number of companies to develop the QAR5.5 billion Laffan Refinery 2 (LR2) project, the company revealed last month.
The refinery, which is expected to begin operations in the second half of 2016, will have a daily production capacity of 146,000 barrels and in joining a similar size facility at Ras Laffan, it will double the condensate refining capacity of the site. The project is a major move in the downstream hydrocarbon sector, upon which Qatar is relying on for further economic growth as its more traditional upstream industry plateaus.
An underconstruction diesel hydro-treater at the site, which is expected to be commissioned in the second quarter of 2014, will have enough capacity to process all the light gasoil from both Laffan refineries into ultra-low sulphur diesel which, energy minister Mohammed bin Saleh Al Sada said at the signing will meet “the most stringent environmental specifications”.
146,000 - Estimated production capacity in barrels of Ras Laffan Refinery 2.
Ras Laffan 2 will process untreated condensate from Qatar’s North Field. Capacity will be broken down into 60,000 barrels of naphtha, 53,000 barrels of jet fuel, 24,000 barrels of gasoil, and 9000 barrels of liquefied petroleum gas.