"Qatargas was established in 1984. The company was originally formed to operate three LNG trains with a design capacity of two million tonnes per annum (mtpa) each. The shareholders in this venture are Qatar Petroleum, ExxonMobil, Total, Mitsui and Marubeni. In July 2005, Qatargas Operating Company Limited was formed for the purpose of operating and maintaining the assets of Qatargas 1, Qatargas 2, Qatargas 3, Qatargas 4, Laffan Refinery and other assets on behalf of the shareholders. The formation of the operating company has several benefits. In addition to efficiently providing services to an increasing number of trains and shareholders, the operating company structure allows the Qatargas projects to achieve maximum synergies. The role of the operating company is that of a service provider with no equity interest. - Read more

"Our mission is to ensure the State gets maximum benefit from its petroleum resources by engaging directly or indirectly in all activities that would add value to these resources. Our overall objective is to maximise our contribution to the national wealth of the State of Qatar, through the safe, efficient and environmentally acceptable exploitation of Qatar's hydrocarbon reserves and through related activities. Specifically we seek to: provide the state with a reliable cashflow, of maximum value, from diversified business interests: build an organisation with internationally competitive business and technical expertise: to maximise the employment of capable Qatari nationals, and develop them to the competence level of the leading International Oil Company employees: to meet National oil and gas demand in a cost-effective way." - Read more