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RasGas
RasGas Company Limited was a liquefied natural gas (LNG) producing company in Qatar. It was the second-biggest LNG producer in Qatar after Qatargas. RasGas operated seven LNG trains located in Ras Laffan Industrial City. It was merged with Qatargas on 1 January 2018. RasGas also operated helium plants which produce 25% of the world's helium, and make Qatar the second largest helium exporter. The chief executive officer of the company was Hamad Mubarak Al-Muhannadi. History Ras Laffan LNG, commonly known as RasGas, was the name of one of the two initial LNG projects in Qatar, which were founded in and together with the Ras Laffan Industrial Complex in the 1990s. The project was initiated by Qatargas together with its partner ExxonMobil, and later also included other foreign investors. The project started production in 1999. The company RasGas was then established in a joint stock company between QatarEnergy and ExxonMobil in 2001. It was set up as the operating company for the ...
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Qatargas
Qatargas is the world's largest liquefied natural gas (LNG) company. It produces and supplies the globe with 77 million metric tonnes of LNG annually from across its seven ventures—Qatargas 1, Qatargas 2, Qatargas 3, Qatargas 4, RL1, RL2 and RL3. It is headquartered in Doha, Qatar, and maintains its upstream assets in Ras Laffan, Qatar. Natural gas is supplied to Qatargas's LNG trains from Qatar's North Field, by far the world's largest non-associated gas field. It reached a record LNG production of 77 million tonnes per year in December 2010. History Qatargas (Qatargas Liquefied Gas Company Limited) was established in 1984 as a joint venture between QatarEnergy, ExxonMobil and other partners. In the following years the company began developing the North Field and erected the first three LNG trains (Train 1, 2 and 3) with a design capacity of 3.3 million tonnes per year each. The trains were built in 1996, 1997 and 1998 respectively. The company executed the fi ...
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QatarEnergy
QatarEnergy ( ar, قطر للطاقة), formerly Qatar Petroleum (QP), is a state owned petroleum company of Qatar. The company operates all oil and gas activities in Qatar, including exploration, production, refining, transport, and storage. The President & CEO is Saad Sherida al-Kaabi, Minister of State for Energy Affairs. The company's operations are directly linked with state planning agencies, regulatory authorities, and policy making bodies. Together, revenues from oil and natural gas amount to 60% of the country's GDP. it was the third largest oil company in the world by oil and gas reserves. In 2020, the company had total revenues of US$21bn, a net income of US$7.9bn, and total assets of US$116bn. In 2021, QatarEnergy was the fifth largest gas company in the world. History Establishment After World War I and the collapse of the Ottoman Empire, Qatar fell within the British sphere of influence and the first onshore oil concession in the country was awarded in 1935 to Briti ...
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Mohammed Saleh Al Sada
Mohammed Saleh Abdulla Al Sada was the minister of energy and industry of Qatar and the chairman of Qatar Petroleum. Education Sada graduated from the Qatar University with a Bachelor of Science degree in marine science and geology. He also holds a MSc and a PhD from the University of Manchester Institute of Science and Technology. Career Al Sada started his career at Qatar Petroleum in 1983. He served in various positions and was appointed as technical director of Qatar Petroleum in 1997. From 2006 to 2011 he served as the managing director of RasGas liquefied natural gas company. He is also the vice chairman of the board of the Qatar Chemical Company (Q-Chem) and Qatar Steel Company (QASCO), and the chairman of the board of directors of Qatar Metals Coating Company (Q-Coat). He has served as a member of the Qatar's permanent constitution preparation committee, the supreme education council, and the national committee for human rights. In April 2007, Al Sada was appointed mi ...
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Saudi Aramco
Saudi Aramco ( ar, أرامكو السعودية '), officially the Saudi Arabian Oil Company (formerly Arabian-American Oil Company) or simply Aramco, is a Saudi Arabian public petroleum and natural gas company based in Dhahran. , it is one of the largest companies in the world by revenue. Saudi Aramco has both the world's second-largest proven crude oil reserves, at more than , and largest daily oil production of all oil-producing companies. It is the single greatest contributor to global carbon emissions of any company in the world since 1965. On 11 May 2022, Saudi Aramco became the largest (most valuable) company in the world by market cap, surpassing Apple Inc. Saudi Aramco operates the world's largest single hydrocarbon network, the Master Gas System. In 2013 crude oil production total was , and it manages over one hundred oil and gas fields in Saudi Arabia, including 288.4 trillion standard cubic feet (scf) of natural gas reserves. Saudi Aramco operates the Ghawar Field ...
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Oil And Gas Industry
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products. Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical concern for many nations. Oil accounts for a large percentage of the world’ ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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Domestic Market
A domestic market, also referred to as an internal market or domestic trading, is the supply and demand of goods, services, and securities within a single country. In domestic trading, a firm faces only one set of competitive, economic, and market issues and essentially must deal with only one set of customers, although the company may have several segments in a market. The term is also used to refer to the customers of a single business who live in the country where the business operates. There are certain limitations when competing in a domestic market, many of which encourage firms to expand abroad. The main reasons why a business would decide to expand abroad are limited market size and limited growth within the domestic market. South Korea The Korean domestic market or Korean domestic motors (KDM) is the name for South Korea's economic market for domestic-brand goods, chiefly automobiles and parts. South Korea's main export markets are the United States and Canada. While ...
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Pipeline Transport
Pipeline transport is the long-distance transportation of a liquid or gas through a system of pipes—a pipeline—typically to a market area for consumption. The latest data from 2014 gives a total of slightly less than of pipeline in 120 countries of the world. The United States had 65%, Russia had 8%, and Canada had 3%, thus 76% of all pipeline were in these three countries. ''Pipeline and Gas Journals worldwide survey figures indicate that of pipelines are planned and under construction. Of these, represent projects in the planning and design phase; reflect pipelines in various stages of construction. Liquids and gases are transported in pipelines, and any chemically stable substance can be sent through a pipeline. Pipelines exist for the transport of crude and refined petroleum, fuels – such as oil, natural gas and biofuels – and other fluids including sewage, slurry, water, beer, hot water or steam for shorter distances. Pipelines are useful for transporting water ...
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Standard Conditions For Temperature And Pressure
Standard temperature and pressure (STP) are standard sets of conditions for experimental measurements to be established to allow comparisons to be made between different sets of data. The most used standards are those of the International Union of Pure and Applied Chemistry (IUPAC) and the National Institute of Standards and Technology (NIST), although these are not universally accepted standards. Other organizations have established a variety of alternative definitions for their standard reference conditions. In chemistry, IUPAC changed its definition of standard temperature and pressure in 1982: * Until 1982, STP was defined as a temperature of 273.15  K (0 °C, 32 °F) and an absolute pressure of exactly 1  atm (101.325 kPa). * Since 1982, STP has been defined as a temperature of 273.15  K (0 °C, 32 °F) and an absolute pressure of exactly 105  Pa (100 kPa, 1 bar). STP should not be confused with the standard state com ...
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Oil Terminal
An oil terminal (also called a tank farm, tankfarm, oil installation or oil depot) is an industrial facility for the storage of oil, petroleum and petrochemical Petrochemicals (sometimes abbreviated as petchems) are the chemical products obtained from petroleum by refining. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sou ... products, and from which these Petroleum product, products are transported to end users or other storage facilities. An oil terminal typically has a variety of above or below ground tankage; facilities for inter-tank transfer; pumping facilities; loading gantries for filling Tank truck, road tankers or barges; ship loading/unloading equipment at marine terminals; and pipeline transport, pipeline connections. History Originally, open pits and cubic reservoirs were used for industrial oil storage. The structure was pioneered by Russian engineer Vladimir Shukhov during ...
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Liquefaction
In materials science, liquefaction is a process that generates a liquid from a solid or a gas or that generates a non-liquid phase which behaves in accordance with fluid dynamics. It occurs both naturally and artificially. As an example of the latter, a "major commercial application of liquefaction is the liquefaction of air to allow separation of the constituents, such as oxygen, nitrogen, and the noble gases." Another is the conversion of solid coal into a liquid form usable as a substitute for liquid fuels. Geology In geology, soil liquefaction refers to the process by which water-saturated, unconsolidated sediments are transformed into a substance that acts like a liquid, often in an earthquake. Soil liquefaction was blamed for building collapses in the city of Palu, Indonesia in October 2018. In a related phenomenon, liquefaction of bulk materials in cargo ships may cause a dangerous shift in the load. Physics and chemistry In physics and chemistry, the phase transiti ...
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Oil Refinery
An oil refinery or petroleum refinery is an industrial process plant where petroleum (crude oil) is transformed and refined into useful products such as gasoline (petrol), diesel fuel, asphalt base, fuel oils, heating oil, kerosene, liquefied petroleum gas and petroleum naphtha. Petrochemicals feedstock like ethylene and propylene can also be produced directly by cracking crude oil without the need of using refined products of crude oil such as naphtha. The crude oil feedstock has typically been processed by an oil production plant. There is usually an oil depot at or near an oil refinery for the storage of incoming crude oil feedstock as well as bulk liquid products. In 2020, the total capacity of global refineries for crude oil was about 101.2 million barrels per day. Oil refineries are typically large, sprawling industrial complexes with extensive piping running throughout, carrying streams of fluids between large chemical processing units, such as distillation colu ...
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