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Press Release

GE Gas Turbines For Lng Production Facility Of Qatar Liquefied Gas Company

October 30, 2006

Frame 6B turbines to provide 120 megawatts of power New GE Oil & Gas Service Center at Ras Laffan underpins commitment to Qatari customers

Doha, Qatar; October 30, 2006: GE's Oil and Gas business has been contracted to supply three Frame 6B gas turbines that will provide approximately 120 megawatts of power for a LNG production facility in Ras Laffan owned by Qatar Liquefied Gas Company Limited 2, 3 and 4 of Doha, Qatar.

The three Frame 6B machines will be manufactured at GE Energy's plant in Belfort, France and packaged at GE Oil & Gas facilities in Massa, Italy. The units will be shipped to Qatar during the first two quarters of 2007, with commercial operation scheduled for the third quarter of 2007. GE's contract also includes electrical balance of plant equipment.

The gas turbines will be used for base load operation, with a wide range of natural gas composition as the primary fuel. The units will be equipped with GE Dry Low NOx combustion systems that enable them to meet Qatar Liquefied Gas Company's requirement for NOx emissions.

"According to World Energy Outlook, Qatar will have the fastest rate of energy-growth demand in the Middle East and North Africa region by 2030," said Mohammad Ayoub, Region General Manager - Middle East for GE Oil & Gas. "Qatar will also register the biggest volume increase in gas production and will account for almost one-quarter of the increase in gas inter-regional trade until 2030. This calls for efficient production technology, which GE has been supplying to Qatar's natural gas and liquefied natural gas (LNG) industries for more than 35 years. This contract builds further on GE's already broad presence in the country."

The new Frame 6B machines will further expand GE's fleet of gas turbines in Qatar that includes Frame 5, 6 and 7 gas turbines as well as Frame 9 gas turbines being used for the LNG "super-trains" under construction for Qatargas 2, Qatargas 3 and Qatargas 4.

GE reiterated its commitment to Qatari customers by setting up the new GE Oil & Gas Service Center in Ras Laffan. "The center is designed to support the maintenance of GE gas turbines and compressors installed in Qatar, and acts as a 'center of excellence' for GE service activities across the Middle East," said Ayoub. "The service center also complements GE's Qatar Localization Program, which was created to help develop local expertise and build local infrastructure."

Qatar Liquefied Gas Company pioneered the LNG business in Qatar. The company was established to own and operate a world-class onshore LNG plant utilizing natural gas from Qatar's offshore North Field, and to market and export LNG and associated condensate worldwide. Qatar Petroleum, the state oil company, is the major shareholder in Qatar Liquefied Gas Company Limited 2, 3 and 4 that includes joint venture participants ExxonMobil, ConocoPhillips and Shell.

A joint venture between Chiyoda of Japan and Technip of France will be the engineering, procurement and construction (EPC) contractor for the new Qatar Liquefied Gas project.

GE is a key partner in Doha's highly-charged growth environment and recently signed a strategic agreement with the organizers of the 2006 Doha Asian Games to power the largest sporting event in Asia as its Official Partner.

About GE's Oil & Gas business:

GE's Oil & Gas business is a world leader in advanced technology turbomachinery products and services, with engineering and manufacturing centers of excellence throughout Europe and the United States. Based in Florence, Italy, the company offers complete solutions for production, LNG, transportation, storage, refineries, petrochemicals and distribution systems, as well as pipeline integrity solutions including analysis and pipeline asset management.

For further information, please contact:

Gabriele Peri

GE

Oil & Gas

(+39) 055 423 8280

Email: [email protected]

Rania Rostom

Communications Manager

GE Middle East & Africa

UAE

Tel: (+971 4) 313 1807

Fax: (+971 4) 313 1907

Email: [email protected]

Gabriele Peri

GE

Oil & Gas

(+39) 055 423 8280

Email: [email protected]

Rania Rostom

Communications Manager

GE Middle East & Africa

UAE

Tel: (+971 4) 313 1807

Fax: (+971 4) 313 1907

Email: [email protected]

Kelly Home / Nedal Alasaad

ASDA'A Public Relations

Exclusive Affiliate of Edelman PR Worldwide Dubai

in Middle East and North Africa

Dubai, UAE

Tel: (+971 4) 335 5969

Email: k.home@asdaa.com, [email protected]

ASDA'A Public Relations

Exclusive Affiliate of Edelman PR Worldwide Dubai

in Middle East and North Africa

Dubai, UAE

Tel: (+971 4) 335 5969

Email: k.home@asdaa.com, [email protected]

Corporate Communications
[email protected]


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