Al- Khaleej Gas Project (AKG)
The project will develop reserves from the North Field to supply 1.75 BSCFD of sales gas to the domestic consumers and gas export market. The project will also produce condensate, ethane, LPG and sulphur. The project will enhance the diversification policy of the North Field gas utilization and maximize the utilization of the existing gas infrastructure. It will enhance the LNG economics of Trains 1 and 2 of RasGas through production from K-1 to K-4 reservoirs. It is also designed to accommodate the fractionation requirements of LNG 4 as well.

The AKG Development and Production Sharing Agreement (DPSA) was signed with ExxonMobil on 2 May 2000 and ratified on 12 July 2000 by an Emiri Decree.

The EPC for AKG Phase 1 was awarded in March 2003 with first commercial gas scheduled for November 2005. This phase will supply 744 MMSCFD of sales gas to Ras Laffan IPP, Oryx GTL and to industries in Mesaieed area. All required gas sales agreements have been concluded.

QP will install a new 36” lean gas pipeline to supply Mesaieed industrial area with 240 MMSCFD initially. The design capacity of the pipeline is 1,000 MMSCFD.

Dolphin Project
The Dolphin Project entails development of reserves from the North Field for the production of wellhead gas sufficient to export lean gas at a rate of 2 BSCFD to the United Arab Emirates. It is the first gas pipeline project between the GCC countries. The project includes processing of gas at Ras Laffan to strip out condensate, ethane, LPG and sulphur. The sweet lean gas will be delivered to UAE through a sub-sea pipeline.

The Full Field Development Plan (FFDP) was signed on 11 December 2003 according to the Development and Production Sharing Agreement (DPSA) dated 23 December 2001. The main EPC contractor has been selected and the related contract was signed in January 2004. First delivery of gas is scheduled for the fourth quarter 2006. The shareholders on UAE side are the UAE’s Offset Group, Total of France and Occidental Petroleum of the USA.

• link : Dolphin Project web site

Qatar/Kuwait Gas Supply Project
The purpose of this Project is to export sweet lean gas to Kuwait on a long-term basis from the AKG project.

A protocol for gas Sale and Purchase Agreement (SPA) between QP and KPC was signed on 30 January 2002 concurrently with the signature of a Term Sheet between QP, ExxonMobil and KPC outlining the commercial terms relating to the SPA. The project development will start after the conclusion of intergovernmental agreement between the transit countries and other necessary agreements.

Gas Export Project to Pakistan
The project will develop North Field gas from an area to be dedicated to the project to produce and export 1.25 bscf/d to Pakistan through a sub-sea pipeline.

A Heads of Agreement (HOA) between QP and Crescent Petroleum Company was signed on February 15, 2000. Negotiations with Crescent regarding the Development and Fiscal Agreement (DFA) are at an advanced stage and it is expected to sign the DFA during the 1st half of 2003.

RasGas LNG 3, 4 & 5
Two new trains, LNG 3 & LNG 4 will be installed in RasGas site, the first of which was commissioned early 2004, the second train will be commissioned in 2005; each train is sized for 4.78 MMTA. The scope of this project is to produce about 1.5 BSCFD of gas for LNG export to India (Petronet) and Italy.

This is the first K1-K4 integrated development project in the North Field. LNG 3 will produce rich LNG while LNG 4 will produce lean LNG. The LPG recovery and fractionation for LNG 4 will be integrated with the AKG project, which will have great cost savings impact on both activities.

The EPC contract for Train 5 was awarded to a consortium comprising Chiyoda and Snamprogetti in July 2004 and will be located next to Train 3 & 4, also executed by the same JV. Production is scheduled to commence in early 2007.

RasGas LNG 6 & 7
Heads of Agreement (HOA) was signed with ExxonMobil on 16 October 2003 to develop 2.9 BSCFD of North Field gas from the contract location which was assigned to RasGas Expansion Projects. This project is targeting the US market with two trains each sized for 7.8 MMTA.

Shareholders are ExxonMobil and QP at 30% and 70% equity respectively; design of the trains will be identical to Qatargas II train design, which is in an advanced stage. Since the trains will be located within RasGas’ plot, synergies will be maximized to reduce the capital cost. Target commissioning of LNG 6 is May 2008 and LNG 7 will follow with a 1-2 year interval.

Qatargas II Project
Target is to install two 7.8 MMTA LNG trains for export to the UK market by 2007 and 2009 respectively. Pre-FEED completed in 2002. FEED started in June 2003 and drilling of data and appraisal wells commenced in May 2004.

The two trains, LNG 4 & 5, will be installed in the existing Qatargas plot and will benefit from the existing infrastructure. Three wellhead platforms and two 36” pipelines are envisaged to produce 2.8 BSCFD of gas and the associated condensate and transport the total produced fluids to Ras Laffan onshore plant in a wet scheme. Between 16 and 18 LNG carriers will be built to support shipping of the lean LNG to a dedicated UK terminal.

Qatargas III Project
Heads of Agreement (HoA) was signed with ConocoPhillips on 11 July 2003 to develop 1.4 BSCFD of North Field gas and install an LNG train sized 7.5 MMTA within Qatargas’ plot. The proposed train will benefit from Qatargas II studies and will have synergy, to the maximum possible extent, with Qatargas II project, including joint EPC contracting, joint drilling and joint procurement of the shipping fleet. The project is currently in the feasibility study stage with a target commissioning by mid 2009.

Qatar Petroleum is actively pursuing a number of world-scale gas-to-liquids conversion projects for the production of synthetic fuels and base oil stocks. The projects are all integrated with offshore development to supply the large amounts of gas needed for these projects. These are active business opportunities that are being pursued, but the status of each of the projects is still at the preliminary stage. A brief summary for each project is given.

Oryx GTL Project
All major project agreements have been signed with the relevant parties. Oryx GTL Ltd. was established at the end of January 2003 as a JV company between Qatar Petroleum (51%) and Sasol (49%). The design capacity of the project is 34,000 BPD of gas-to-liquid fuel. The EPC contract was awarded to Technip and the 33-month contract is being executed from their Rome office. The project reached financial close on 18 March 2003 with EPC contract effective from 19 March 2003.

His Highness Sheikh Tamim Bin Hamad Al Thani, the Heir Apparent, on 7 December 2003 laid the Foundation Stone for the Middle East’s first gas-to-liquids plant.

The GTL plant will be ready for start-up in December 2005 and first product will enter the international market during the second quarter of 2006.

QP and Sasol Chevron have signed a Memorandum of Understanding (MOU) for the ORYX GTL Expansion project and have discussed the technical and business principles that will support the planned increase in the output of the foundation plant to 100,000 bbl/day. This will involve defining the feasibility of a three (3) train, 65,000 bbl/day facility with an expected start up by 2009.

Pearl GTL
Shell’s GTL is an integrated project which will develop about 1.6 BSCFD of North Field gas to produce approximately 140,000 BPD of synthetic fuels and base oils. The project will be developed in two phases with the first phase operational in 2009, producing around 70,000 bpd of GTL products with the second phase to be completed less than two years later. Qatar Petroleum and Qatar Shell GTL Limited (Shell) signed the Development and Production Sharing Agreement (DPSA) for Pearl GTL in July 2004.

The first of two appraisal wells in the North Field were drilled in February 2004 and the Front End Engineering and Design (FEED) contract was awarded to JGC Inc. of Japan in March 2004.

Sasol Chevron
Sasol Chevron submitted a Project Profile Proposal to QP in July 2002 for an integrated upstream/downstream GTL project to produce 120,000 BPD of GTL product in two phases. The project will produce naphtha and diesel as the primary products. A Statement of Intent was signed for this project in November 2002.

As part of its ongoing project work, Sasol Chevron submitted a Scoping Study to QP in June 2003. Progress has yet to be made on commercial issues to enable further progress with the technical development of the project.

Initial indications were for startup of the project by 2010, but a revised startup date will be produced when the next round of negotiations with Sasol Chevron commences.
QP and Sasol Chevron have also signed a Letter of Intent (LOI) to examine GTL Base Oils opportunities in Qatar.

QP and Sasol Chevron have agreed to pursue the opportunity to develop a 130,000 bbl/day upstream/downstream integrated GTL project based on the Sasol Slurry Phase Distillate Process and utilizing resources from the North Field. This will involve defining the feasibility of a six (6) train facility with an expected start up by 2010. These efforts will lead to the establishment of a Heads of Agreement (HOA) for the project.

ExxonMobil
ExxonMobil GTL project is for the production of synthetic GTL products in excess of 150,000 BPD. Feedstock for the GTL Plant will be provided from two wellhead platforms; approximately 1.8 BSCFD will be required to yield the target GTL production. The project will produce base oil stocks in addition to the synthetic fuels.

Onshore gas treatment and NGL recovery plants will benefit, to the maximum extent possible, from the existing RasGas infrastructure to reduce the overall project cost. LPG, condensate and sulphur storage/loading will most likely be shared with other ongoing projects at Ras Laffan.

The HOA signed in July 2004 specifies the principal terms for the project that will be defined in a Development and Production Sharing Agreement (DPSA). The term of the DPSA will be 25 years from the start of production, which is expected to commence in 2011.

ExxonMobil will drill an appraisal well for the GTL project in 2004, and will supplement the extensive preliminary front-end engineering and design (pre-FEED) undertaken earlier. FEED is expected to begin upon execution of the DPSA.

Marathon
The Marathon GTL project will produce approximately 120,000 BPD of naphtha and diesel. The project will consist of two trains of equal capacity. Phase I first commercial production is planned for 2010. Offshore development is based on two unmanned wellhead platforms and two wet scheme pipelines configuration.

Marathon is considering introducing shareholders to the project; shareholders will include PetroCanada, Occidental and the Offset Group. Details regarding the venture partners will probably be concluded during 2004.

The project will be executed on a Production Sharing Agreement basis. Marathon’s pre-FEED work was completed during the last quarter of 2003 and it is expected that commercial negotiations will commence during early 2004.

ConocoPhillips
ConocoPhillips is planning to develop its GTL project in two phases, each producing approximately 80,000 BPD of GTL products - naphtha and diesel using CoPOX technology. Two wellhead platforms with adequate number of wells will provide the required feedstock for the GTL plant.

The company completed a feasibility study that was submitted to QP mid 2003. A Statement of Intent to proceed with the project was signed with QP in December 2003. The company intends to proceed with pre-FEED work during 2004. Startup of the first phase of the plant is scheduled for 2010. The project is structured on the basis of a Production Sharing Agreement, as with all other large-scale GTL projects.

The company has successfully completed the construction of a 400 BPD semi-works plant at its refinery in Ponca City, Oklahoma and commissioning of the plant was well underway at the end of December 2003. ConocoPhillips will demonstrate its process during 2004 and it expects to be able to commence commercial negotiations in 2004 also.

Cracker at Ras Laffan
A Joint Venture Agreement (JVA) was signed on 13 June 2002 between Q-Chem II (53.31%), Qatofin (45.69%) and QP (1%) to establish a steam cracker at Ras Laffan with design capacity of 1,300,000 MMTA of ethylene.

An ethylene pipeline from Ras Laffan to Mesaieed will supply ethylene to Q-Chem II and Qatofin plants.

Qatofin
Qatofin is a JV between QAPCO (63%), Atofina (36%) and QP (1%) for production of 450,000 MTPA of LLDPE adjacent to QAPCO site. Feasibility study was completed in December 2002. ITB document for EPC contract was sent to bidders on 22 July 2003. Negotiations continued on several project agreements. The estimated start-up of the project is third quarter 2008.

Q-Chem II Project
An amended JVA was signed on 13 June 2002 between QP (51%) and Chevron Phillips (49%) to establish an ethylene derivatives plant at Mesaieed, adjacent to the Q-Chem plant, with a design capacity of 350,000 MTPA of HDPE and 350,000 MTPA normal alfa olefins.

Feasibility study was completed in December 2002. FEED contract was awarded to Aker-Kvaerner. The estimated start-up of the project is third quarter 2008.

DME Project with MGC
A letter of intent was signed on 10 June 2003 with Mitsubishi Gas Chemicals (MGC) and ITOCHU to establish a project for the production of Di-Methyl-Ether (DME) at Ras Laffan in Qatar.

The production capacity of the project is 1.7 MMTPA of DME. The project is planned to start-up around fourth quarter 2008.

Fuel Grade-Methanol Project
Heads of Agreement (HoA) was signed with Petroworld Ltd on 14 September 2003 for the development of a large scale fuel grade methanol project targeting on out put of 12,000 to 15,000 MTPD at Ras Laffan. The partners expect the proposed project to come on stream by 2008.

Qatar International Racetrack
With over 1.5 million on-site attendees to the GrandPrix (GP) in 2002 plus television viewers from more than 200 countries every year for a total annual audience of 5,200 million, it is no wonder that Qatar is building a MotoGP Racetrack. Over 320 million spectators watch each GP!

The Qatar MotoGP Grand Prix will take place on 2 October 2004, and building has started on the track located on the outskirts of the desert country’s capital city, Doha.
For more information click on www.qmmf.com or contact investorsrelations@qatartourism.gov.qa.

Asian Games 2006
As part of the infrastructural obligations for hosting the Asian Games, construction of the Asian Games City has began. Once completed, over 30 sports facilities will be in place. Existing buildings are being renovated as new ones being built, including Al Sadd Stadium, Al Rayyan Sports Centre, Al Ilihad Sports Centre, Al Arabi Sports Centre, Swimming Centre (Aquatic) and Khalifa Stadium.
For more information, click on www.qatarolympics.org, www.dohasiangames.org or contact investorsrelations@qatartourism.gov.qa.

Doha Golf Club
Doha Golf Club will undergo extensive renovations and expansions after a customer survey revealed the need for increased amenities, including a play area for kids and swimming pool. The renovation and expansion includes a ground floor dining hall, new bar area, professional shop, members’ bag store, male and female locker areas, ground floor kitchen, service yard, first floor kitchen, restaurant, and bar. New construction projects include swimming pool with Jacuzzi, fitness centre, ground floor main office in a new building, buggy barn, function hall, two staff residential buildings, new academy building, television building, and a nine-hole golf course. For more information, go to www.dohagolfclub.com or contact investorsrelations@qatartourism.gov.qa .

$2.5bn ‘Pearl of the Gulf’ man-made island project set to take off

By late 2006, the first of some 30,000 residents should be living on a man-made island 350 meters off the coast of Doha’s West Bay Lagoon.

The ambitious ‘Pearl of the Gulf’ project was the recent subject of a presentation to the Qatar Tourism Authority (QTA), and features in its new project development and investment opportunities newsletter. Marketing is expected to begin next month.

The $2.5bn project is the brainchild of United Development Company (UDC), Qatar’s largest private-sector shareholding company, and is being developed on a fast-track basis with “full government support”, say officials.

The master plan and environmental impact study have apparently already received official approval, and a financial advisor is to be appointed soon. It is understood that detailed infrastructure and landscaping design has already been tendered.

Apart from over 7,500 high-quality dwelling units, the island development will also have three luxury hotels offering around 900 rooms between them, retail units covering approximately 60,000 square meters, and community infrastructural facilities such as entertainment centers, restaurants and parks.

The island is even expected top have its own private schools. An ‘island city within a city’ Pearl of the Gulf is to have ten distinct, but inter-related precincts. Officials say that under an agreement signed between UDC and the Government of Qatar almost a year ago, UDC would be granted freehold title to the island, together with the right to sub-divide and re-sell the property.

With three huge bays, designed to maximize its water-frontage, the island will, according to the Master Plan, also have four marinas to accommodate up to 700 boats. The first occupants are expected to take possession at the beginning of the fourth quarter of 2006.

UDC has emphasized that “through the process of an international design competition, a Master Plan and an Environmental Impact Study prepared by international consultants, the island has been positioned with the greatest respect to marine environment and topography in order to achieve both environmental integrity and construction practicality.”

source :  

  For more information, click on www.udcqatar.com or contact investorsrelations@qatartourism.gov.qa .

• The construction of the 32 sq km North Beach Development, which will include 10 resort hotels, two golf courses, 3000 lifestyle villas, 12,000 apartments, 300,000 sq meters of retail shopping, and 6,000,000 square meters of commercial space. Construction will begin in early 2005.

 For more information contact investorsrelations@qatartourism.gov.qa.

The end of 2006 will bring forth the Future Headquarter for Qatar National Bank which will be located facing Doha Bay in the center of the Corniche area. The building is designed to be a prominent Landmark and an Icon of Qatar National Bank that would be instantly recognized locally and throughout the world.

The building follows a very unique structural concept: prefabricated structural members 12 meters in length, through their modular alternation, enabling the building to attain this very.
The future headquarter will have an architectural area of 25,00 m2, and a total built area of around 63,000 m2. In addition to offices, there would be a state of the art conference facility/ multipurpose hall of 300 seating capacity . The total height for the building is 91.5m with three underground basements able to accommodate for around 800 cars. For further information click here

The Transport Company will go live in August with 150 Toyota Camry Taxis with a turquoise body and silver top, and will continuously add to their fleet. This will significantly improve the quality of Qatar’s transportation system and its image. There will be a transition period for all taxi drivers to change to the new cars and the new employer. Luxury limo, bus and coach services will also be available under this new transportation company. For further information got to www.axonglobal.com or contact investorsrelations@qatartourism.gov.qa.

Doha International Airport offers top-level service and security to visitors from around the world, and the recently completed renovations to the multi-million dollar terminal further enhance the services available to regional and international travelers. Friendly and efficient staff is available to assist as you make your way into Qatar or catch connecting flights to many global destinations.

Twenty-two airlines presently operate through Doha International Airport, which also serves as the hub for Qatar Airways. With 44 check-in desks, eight gates, three baggage-claim belts, as well as many other services including large parking areas, banks, cafeterias, car rental agencies, and gift shop, Doha International Airport has everything you will need during your travels.

Located in Doha International Airport is the 1500 square meter, bright and spacious Duty Free Shop offering gifts for the international travelers. Electronics, cosmetics, wines, spirits, tobacco, and food items can be purchased with assistance from the 100 trained multilingual staff. Over 10,000 products are available including many luxury gifts and souvenir items designed from brass, onyx, and wood

NEW DEVELOPMENTS OF DOHA INTERNATIONAL AIRPORT
During 2004, construction will begin in Qatar on the new state-of-the art Doha International Airport. When completed, it will have two parallel runways and an estimated capacity to handle and process nearly 12 million passengers every year.  The terminal will have 24 contact gates in the first phase and will accommodate up to six A380-800 Super Jumbos when fully developed. The complex will also include three high-star classification hotels for the convenience of visitors. When the new airport opens, it will position Qatar as a leading regional aviation hub. The 2,200-hectare airport site will be developed in three stages with onsite work to start during 2004 and final completion of the ultimate development scheduled for 2015. Until the new airport is opened, the existing airport will be significantly upgraded to handle the increase in passenger growth. 

Al-Ahli Private Hospital

The Al-Ahli Hospital is Qatar’s first major private hospital and on completion will be one of the biggest private hospitals in the Gulf. A $60 million financing package for the project was arranged in 1999 with QNB being the Lead Arranger. The 250 bed hospital will also have an accommodation block for staff, and is scheduled to open in the second half of 2004.

Hamad Medical City

The Hamad Medical City project is estimated to cost QR 1.5 billion and will include a 300-bed unit, a dialysis unit, medical staff accommodation and laboratories. This project forms part of the QR 12.5 billion budget of the Ministry of Municipal Affairs and Agriculture.

There are plans that the hospital facilities will first be used to house athletes and officials for the Asian Games in 2006, after which it will be converted to a full-fledged hospital.
Two other new hospital projects are also in the design phase; the estimated QR 220 million Southern
Area Hospital at Wakrah, with a 200-bed facility, and the estimated QR 100 million Cardiology Hospital at Rumailah, with a 110-bed facility.

Hamad Southern Area Hospital ( 200 bids )

PROJECTS OF HAMAD MEDICAL CORPORATION
 
    (A) PROJECTS UNDER CONSTRUCTION

(B) PROJECTS UNDERGOING PLANNING

(C) PROJECTS UNDERGOING PLANNING

Museum of Islamic Arts

The Museum of Islamic Arts, which is to be completed by 2006 in time for the Asian Games, will be a notable landmark for the city of Doha and provide the highest standards of display conversation, research and renovation. The museum will also serve as an educational institution offering support to local schools and providing facilities for research scholars from within Qatar and from overseas. The Islamic Museum will display the Qatar National Collection of Islamic Art – a world class collection of ceramics, metalwork, jewelry, woodwork, glass and other items made in countries all over the Islamic World from medieval Spain to Central Asia and India.

Qatar National Library

Designed by the famous architect Arata Isozaki, Qatar National Library, the major repository of bibliographic references on the country, will be a landmark and a minaret of knowledge. The library will include the National History Museum, galleries, a children’s centre, closed book stacks, reading rooms, a restaurant, a lecture room, and conference hall. Construction will be completed by 2006 in time for the Asian Games.

Qatar National Museum Expansion

The expansion to the existing Qatar National Museum is designed by the well-known French architect Jean Nouvel and due for completion in 2006. The museum will adopt the most modern concepts in museology providing a lively experience, and will house six main themes -  the land, the origins, historic settlements, Qatar and the sea, Nomadic life, and the wonders of nature.
For more information, click on http://www.cnc.com.qa/english.asp or contact investorsrelations@qatartourism.gov.qa.

Al Sharq Village Resort & Spa.

Qatar National Hotels Company introduces Al Sharq Village Resort & Spa, a project that is being developed as a unique ‘boutique’ luxury five star resort that blends traditional architecture and modern facilities and amenities to meet the requirements of international leisure and business travelers. In a unique Qatari village architectural style, the resort will included 160 luxury rooms, a Six Senses Spa, a traditional Qatari Souq, food & beverage and entertainment. Detail>>

Marriott to open three hotels in Doha, Qatar (opening 2006)

Marriott International is to add three hotels to its portfolio in Doha, under a management agreement reached with Al Rayan Tourism Investment Company, a subsidiary of Faisal Bin Qassim Al-Thani & Sons Holding Company W.L.L. Scheduled for opening in 2007, the new hotels will include
- 250-room Renaissance property
- 200-room Courtyard by Marriott
- 120-unit Marriott Executive Apartments.
For more information, click on www.marriott.com/news or contact investorsrelations@qatartourism.gov.qa.

Four Seasons (232 Rooms , opening may 2005)

Due to open in late 2004, the Four Seasons will be comprised of 232 rooms on 18 floors, 28-storey office tower, and two serviced apartment towers, 20 townhouses, health club and spa facility, 100-berth marina, and 232 parking spaces. The hotel will include a specialty restaurant, an all-day restaurant, a tea lounge, a bar, retail shops, and extensive meeting room facilities. For more information, click on www.fourseasons.com or contact investorsrelations@qatartourism.gov.qa.

Rotana (276 Rooms , opening 2006)
Rotana Hotel will in time for the Asian Games in 2006. This hotel is being developed by Al Rayan Tourism Investment Company. For further information, click on www.rotana.com or contact investorsrelations@qatartourism.go.qa.

Shangri La (250 Rooms , opening 2006)

The five-star, 35-storey Shangri-La Hotel, Doha will open prior to the Asian Games in 2006 with approximately 250 guest rooms and 60 apartments. For further information, go to www.shangri-la.com or contact investorsrelations@qatartourism.gov.qa.

Hilton (277 Rooms , opening Jan 2005)

The Hilton will contain 320 rooms and suites, three restaurants, bars, ballroom and meeting rooms, extensive Leisure, fitness and recreational facilities, and is scheduled for completion by 2006. For further information, click on www.hilton.com or contact investorsrelations@qatartourism.gov.qa.

Resorts Development (opening  2005)

The family-oriented Al Fareej Resort with Arabian-style chalets will be located near the town of Al Khor, just 40 kilometers north of Doha. Construction is set to begin in 2005. The modern-style luxury resort, Al Mafjar Resort, will be built around a natural breakwater and lagoon, with construction to begin in 2005.