Qatargas Wins Sustainability Award for JBOG Project
Qatargas was presented with the ‘Sustainability Award of the Year’ for the development of the Jetty Boil-Off Gas Recovery Project (JBOG). The award presentation was made at the official book launch for The Oil & Gas Year Qatar 2013 in Doha on Monday.
Qatargas Chief Operating Officer, Engineering & Ventures, Sheikh Khalid Bin Abdulla Al-Thani, who received the award on behalf of Qatargas said: “It is a great pleasure and honor to receive on behalf of Qatargas the ‘Sustainability Award of the Year’ for the development of the Jetty Boil-Off Gas recovery project. At Qatargas we are committed to the responsible development of natural resources whilst maintaining a strong environmental record, ensuring sustainability and contributing to the State of Qatar’s objective to minimize the environmental footprint of the LNG Industry.”
When fully operational in 2014, the JBOG Project will recover 90% of the gas currently being flared during Liquefied Natural Gas (LNG) ship loading at the Port of Ras Laffan. The project is part of the Common Facilities Projects at Ras Laffan Industrial City in the north of Qatar.
The JBOG project is the largest investment of its kind in emissions reduction projects in the world with a capital investment of around one billion dollars. The project will enable boiled-off gas to be collected from LNG ships and compressed at a central facility. The compressed gas will then be sent to the LNG producers to be consumed as fuel or converted back into LNG. This project, when fully operational, will recover the equivalent of some 0.6 million tonnes per year of LNG, which is enough natural gas to power more than 300,000 homes. This will result in a reduction of 1.6 million tonnes per annum carbon dioxide emissions.
The JBOG project has also had an outstanding safety record of 15 million man hours without any lost time incident – an achievement recognized recently at the Qatar Oil and Gas Industry Excellence Awards.
The Oil & Gas Year is an exclusive series of yearly reports that cover the entire oil and gas supply chain, as well as the financial sector institutions that underpin oil and gas developments, including banks, private equity firms and investment funds.
LNG World News Staff, September 18, 2013