Since Russia, Iran and Qatar recently said that they were forming an Opec-style gas cartel, Western concerns about global energy markets have hit new heights.
Qatar has signed a series of deals to build a USD 3.8 billion desalination and power plant part-owned by Japanese and French firms.
China National Petroleum Corp. (CNPC) (Beijing) has begun construction on its Dalian LNG terminal to receive LNG from Australia and Qatar.
In Qatar, LNG exports from the state’s Port of Ras Laffan are expected to reach 77 million tpy by the end of 2010, making the Port the world’s largest LNG export terminal, over three times larger in capacity than its closest rival.
Sitindustrie has started 2008 by increasing its market position in the business of stainless steel tube, pipes and fittings for the oil & gas application with two orders in Qatar and Malaysia for a total amount of EUR 16.5 million.
Sitindustrie Group, with its Swiss Co. Zwahlen & Mayr, has acquired an order to supply VSA Consortium, gathering Veolia Water, Saipem and Al Jaber, with 230tns of high corrosion resistance welded stainless steel tubes for the building of 3 evaporators for the Shell Pearl gas to liquid (GTL) project in Qatar.
Outokumpu has made the first supply of its high-performance super-austenitic grade 254 SMO® for an offshore project in Qatar, to be used on the topside of oil platforms in the Al Shaheen offshore oil field.
France-based Solios Environnement has been awarded the engineering, procurement and construction contract for gas treatment centers for the USD 4.8 billion Qatalum aluminum smelter at the Mesaieed industrial area in Qatar.
CB&I has been awarded a lump-sum turnkey contract valued in excess of USD 150 million to engineer and construct multiple tanks for the storage of LPG and gas condensate.
ABB has announced it has won a contract worth USD 220 million from the Gulf Cooperation Council Interconnection Authority (GCCIA) for phase one of the massive Gulf Grid project, linking the electricity networks of six Gulf states.