Honeywell & Qatar Petroleum to Jointly Develop Natural Gas Treating Technology
January 30, 2014
Honeywell’s UOP has signed a joint development agreement with Qatar Petroleum (QP) to develop new ways to more efficiently and cost effectively remove contaminants from natural gas, so that it can be liquefied for transportation by ship and other means.
The agreement was signed at QP headquarters by His Excellency Dr. Mohammed bin Saleh Al-Sada, Minister of Energy and Industry and Chairman of QP (left), and UOP President and CEO Dr. Rajeev Gautam (right).
Dr. Gautam said, “Global natural gas demand is growing rapidly and LNG production is critical to meeting the needs of regions not served by pipelines and to enable global trade. Qatar Petroleum is a recognized leader in the production of LNG for world markets, and we look forward to extending our long-standing partnership to develop technology in this important field.”
Honeywell’s UOP is a leader in natural gas treating technologies, which are currently used in QP’s LNG and gas processing facilities. QP’s joint venture companies, Qatargas and RasGas, have a combined LNG production capacity of 77 million tonnes per annum (mta), making Qatar the world’s largest producer and exporter of LNG.
Read the full press release.