Qatargas Publishes 2013 Sustainability Report

Qatargas has issued its latest Sustainability Report, an update on the company’s economic, social and environment performance in 2013. The report, which is the fourth such report by Qatargas, also includes data for the past 4 years as well as insight into the company’s future activities towards its 2015 vision.

Commenting on the company’s performance, Khalid Bin Khalifa Al-Thani, the CEO of Qatargas, said: “For Qatargas, our dedication to becoming the world’s premier LNG company means we continue to focus on becoming known for our people, innovation, operating excellence and corporate social responsibility. This forms the foundation of our approach to sustainability, an approach that continues to develop in alignment with the sector and national frameworks. In 2013, we achieved significant milestones in several areas. They included a 20 percent reduction in total hydrocarbon flaring from LNG assets, and a reduction in water consumption, as compared to the previous years. In safety, we proudly accomplished 20 million safe work hours for our Jetty Boil-Off Gas Recovery Project. Our Qatarisation rate advanced to 26 percent and the average training hours per employee rose from 24.7 hours in 2012 to 28.7 hours in 2013. These key developments were combined with a 70 per cent rise in our social and community investment spending.”

On the report preparation, he added: “The annual preparation of our sustainability report provides us with an invaluable opportunity to reflect on how far we have come as a company. As we move into our 30thyear of existence, I am proud to report that our impressive history continues to grow, and I am motivated by what the future holds for our Company and Country.”

Some of the key stories that are detailed in the report include the health and safety updates such as the launch of the 10 Lifesaving Rules, future flare reduction plans, insight into the Company’s production and global distribution chain; update on the Qatargas team including female employment,and information on how the Company ensures its ethical and responsible conduct.

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Press Release, June 17, 2014