(MENAFN) Qatargas announced it has safely started-up its Jetty Boil-off Gas Recovery (JBOG) Project in Ras Laffan Industrial City, with a cost of USD1 billion and an environmental design which hopes to eliminate flaring at the LNG Terminal, The Peninsula Qatar reported.
Qatargas said that the main shareholders of the JBOG Project are Qatar Petroleum, ExxonMobil, Total, ConocoPhillips and Shell, while Qatargas is responsible for the facilitation and operation of the project along with RasGas, which are the two largest LNG producers in the world.
The JBOG facilities will recover and utilize around 100 million standard cubic feet of natural gas, which are used to be burnt and wasted during LNG ship loading, in the LNG production plants as fuel per day, and the project is expected to save nearly one trillion cubic feet of gas for the State of Qatar in a 30 years period.
"The development of the Jetty Boil-off Gas Recovery Project was initiated by Qatar Petroleum nearly a decade ago." This huge investment by Qatar Petroleum and its partners will reduce the carbon footprint of the 77 Mta of LNG production facilities to the minimum practically possible contributing to the environmental development pillar of the Qatar National Vision 2030," , the Managing Director of Qatar Petroleum and Chairman of the Board of Directors of Qatargas said.
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