Multi-Million Dollar Contract Covers 22 Gas Turbines
Dubai, December 28, 2005: GE Energy and RasGas Company Limited has recently signed a multi-million dollar agreement calling for GE to supply a full range of services over a 25-year period for 22 gas turbines operating at the RasGas LNG production complex in Ras Laffan Industrial City, Qatar.
Participating in the signing ceremony at the Ritz Carlton Hotel in Doha were officials from both companies, including Hammad M Al Muhannadi, RasGas Operations Manager; Sultan Al Khater, Ras Gas Maintenance Manager and Abdullah Taibah, Middle East-Africa Region Executive for GE Energy.
The 22 GE gas turbines are driving five compression trains totaling 20.7 million tons of LNG production per year and also are providing electric power for the LNG complex. Installation of the units started in 1997 and will be completed by 2008. The gas turbines include ten GE 7001EA units, nine GE 6001B machines and three GE 5002D units.
Compression trains 1 and 2 are owned by Ras Laffan Liquefied Natural Gas Company Limited, while trains 3, 4 and 5 are owned by Ras Laffan Liquefied Natural Gas Company Limited (II). In addition, the GE service agreement covers the Al Khaleej Gas project owned by ExxonMobil Middle East Gas Marketing Limited.
The GE contractual service agreement (CSA) includes supply of parts, repairs and field services for planned and unplanned outages for the gas turbines and associated equipment, as well as performance guarantees, outage planning inventory management support and training of local personnel.
"Our CSAs are structured to take advantage of the latest technologies to improve the reliability and availability of the gas turbines for the length of the agreement," said Abdullah Taibah, Middle East-Africa Region Executive for GE Energy. "We also are able to offer guarantees that provide incentive for increasing the time between outages, which results in greater productivity for an extended period of time."
"Today's service agreement continues the strong and beneficial relationship that RasGas has build over the years with GE Energy," said Sultan Al Khater, Ras Gas Maintenance Manager. "We will have access to world-class service technology that will help to keep our LNG production at high levels, to meet the growing demand worldwide."
RasGas Company Limited was established in 2001 by Qatar Petroleum (70%) and ExxonMobil (30%) to provide a full range of operations and maintenance management services to Ras Laffan Liquefied Natural Gas Company Limited, Ras Laffan Liquefied Natural Gas Company Limited (II), the Al Khaleej Gas Project and future expansion opportunities.
GE Energy (www.ge.com/energy) is one of the world's leading suppliers of power generation and energy delivery technology, with 2004 revenue of US$17.3 billion. Based in Atlanta, Georgia, GE provides equipment, service and management solutions across the power generation, transmission and distribution, distributed power and energy rental industries.
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