Laffan Refinery Co., Ltd., in which Idemitsu Kosan Co.,Ltd became a shareholder since in 2006, has commenced production from its Laffan Refinery on 23rd September 2009 which was built in Ras Laffan Industrial City of Qatar by Qatargas.
Laffan Refinery is the first condensate refinery in Qatar and it has a total processing capacity of 146,000 barrels per stream day (bpsd). The refinery’s production capacity will be 61,000 bpsd of naphtha, 52,000 bpsd of kerojet, 24,000 bpsd of gasoil and 9,000 bpsd of LPG.
Laffan Refinery was built in line with the national strategy of Qatar aiming to add value to the condensate produced at Qatar North Field, which is the largest single non associated natural gas field in the world. The plant foundation stone was laid in April 2006, and it has commenced production this time.
And this refinery has been designed as an environmentally friendly facility and built inline with stringent environment standards. Especially, a waste water treatment system enables reuse of treated water in various operation of the refinery.
Idemitsu has been conducting crude oil transaction with Qatar for 30 years since 1979. The crude oil import volume from Qatar is approximately 20% of our total import volume. Through the joint refining business with Qatar, we will continue to strengthen our strategic partnership with the State and expand our overseas activities in petroleum business.
"Outline of Laffan Refinery Co., Ltd."
| Incorporation | September 2006 |
|---|---|
| Location | Doha, the State of Qatar |
| Shareholders (percent of shares) | Qatar Petroleum (51%), Exxon Mobil Corporation (10%), Total S.A. (10%), Idemitsu Kosan Co.,Ltd. (10%), Cosmo Oil Co.,Ltd. (10%), Marubeni Corporation (4.5%), Mitsui & Co.,Ltd. (4.5%) |
For inquiries regarding this press release, please contact
Mr. Sato
PR Section IR&PR Office
Idemitsu Kosan, Co., Ltd.
Tel: +81-3-3213-3115
