24/02/2017 11:07 AST

RAS LAFFAN, Qatar: Perched on a northern tip of Qatar, about an hour’s drive from the gleaming capital Doha and at the end of “Route 77,” stands the secretive city of Ras Laffan.

Behind its closely guarded gates, Ras Laffan is home to 30,000 people, the best white truffles in Qatar, apparently, and a turtle conservation project.

It is also one of the most significant industrial sites on the planet.

“Welcome to the gas capital of the world,” says our guide Wissam, as he ushers a small group of journalists into Ras Laffan on a rare government-invited press tour of the site. He is not exaggerating.

Ras Laffan is Qatar’s port for the production and export of liquified natural gas (LNG), an industrial process whereby gas is cooled to — 162 degrees Celsius, allowing it to be more easily shipped around the world.

The LNG comes from the huge North Field, 80 km farther north of Ras Laffan, a 6,000-sq-km site in Gulf waters, almost half the size of Qatar itself.

Since the first shipment sailed to Japan in 1997, Qatar now produces up to 77 million tons of gas each year.

In context, a study by Royal Dutch Shell published this month said worldwide demand reached 265 million tons in 2016.

Using those figures, tiny Qatar is responsible for 30 percent of the global LNG market.

Qatar’s annual volume of production not only gave its name to the road that leads to Ras Laffan, but ensures its position as the world’s biggest LNG exporter.

“We will remain for a long time the leader in LNG,” says Saad Al-Kaabi, the head of state-owned energy giant Qatar Petroleum, which owns and operates Ras Laffan.

Qatar’s gas reserves are so vast it can maintain production at current rates for another 137 years.

It is from Ras Laffan that Qatar’s unimaginable wealth has been forged.

In 1997, Qatar’s exports were valued at around $5 billion.

Many million tons of LNG later, that figure reached $125 billion by 2014, according to trade data site the Observatory of Economic Complexity.

World Bank figures show that Qatar’s gross domestic product was about $11 billion in 1997 and $165 billion in 2015.

In short, Ras Laffan is the reason why there are so many skyscrapers in Doha, why Qatar has an award-winning airport and airline, why Paris Saint-Germain have won four Ligue 1 titles in a row, why Britain has a new tallest building and why the emirate will host the 2022 football World Cup.

Normally Ras Laffan remains firmly out of bounds but, for a few hours at least, the curtain has been partially lifted on the huge refinery.

Security though remains tight.

Video is not allowed and pictures are only permitted on one part of the tour.

The visit is conducted almost exclusively by coach.

It is not a place to break rules.

Workers, culled from 54 different countries, who breach a speed limit on a Ras Laffan road can be instantly sacked.

And as rarely as anyone is let in, no ship’s crew member is allowed out when their boats are being loaded with LNG, a process that can take 24 hours.

Qatar is a largely secretive country but commercial and security reasons could also lay behind its reluctance to show off Ras Laffan.

The site has the feel of a vast James Bond film set.

It is a metal forest of huge pipes, loading arms, holders, tank farms, cooling systems, docks, ships and “trains that don’t move” — where the natural gas is converted into LNG.

There are also five fire stations, workers’ accommodation and, more surprisingly, somewhere in this vast complex is a picnic area.

Above everything, flare stack flames burn constantly into the blue sky.

After a brief stop inside Ras Laffan, it is back on the coach and through the guarded gates as the curtain falls back down.


AFP

Ticker Price Volume
SABIC 114.77 5,915,941
RIBL 13.83 1,519,548
JARIR 177.89 111,251
STC 83.41 257,644
Saudi Public Investment Fund signs agreement with Six Flags to create amusement park in Riyadh

05/04/2018

Saudi Arabia's Public Investment Fund (PIF) has signed an agreement with Six Flags to develop and design an amusement park in Riyadh. Six Flags, the world’s leading international amusement park compa

Arab News

Green energy drive will boost KSA employment: Saudi Arabia’s renewable energy chief

05/04/2018

In an exclusive interview with Arab News, Turki Mohammed Al-Shehri explains how an expanding renewables industry will boost employment as well as pave the way for a greener future.

A massiv

Arab News

Dubai house prices, rents drop in first quarter of 2018

05/04/2018

Dubai’s residential property market continued to soften in the first three months of this year, in line with analysts’ forecasts, with rental values recording a more pronounced fall than sales prices

The National

Saudi Arabia lifts GCC index buoyed by strong oil prices

05/04/2018

Buoyed by a strong oil price of $70 per barrel, Saudi Arabia’s Tadawul shot up by over 6 per cent in March 2018, according to Kuwait Financial Centre’s (Markaz’s) recently released Monthly Markets Re

Times of Oman

Banks’ real estate credit at QR147.7bn

05/04/2018

Qatar banks’ combined credit facilities to real estate sector rose by QR17bn to QR147.7bn in 2017. The banks’ credit to various sectors stood at QR911bn at the end of 2017, up from QR839bn recorded i

The Peninsula