Commencement of Laffan Refinery Production in Qatar

Sep. 28. 2009
Marubeni Corporation

Laffan Refinery Co., Ltd., in which Marubeni Corporation (President: Teruo Asada; Head office: Chiyoda-ku, Tokyo), Idemitsu Kosan Co., Ltd. (President: Kazuhisa Nakano; Head office: Chiyoda-ku, Tokyo), Cosmo Oil Co., Ltd. (President: Yaichi Kimura; Head office: Minato-ku, Tokyo), and Mitsui & Co., Ltd (President: Masami Iijima; Head office: Chiyoda-ku, Tokyo) participate as shareholders, has commenced production from its Laffan Refinery on September 23, 2009 which was built in Ras Laffan Industrial City of Qatar by Qatargas.

Laffan Refinery is the first condensate refinery in Qatar and it has a total processing capacity of 146,000 barrels per stream day (bpsd). The refinery’s production capacity will be 61,000 bpsd of naphtha, 52,000 bpsd of kerojet, 24,000 bpsd of gasoil and 9,000 bpsd of LPG.

Laffan Refinery was built in line with the national strategy of Qatar aiming to add value to the condensate produced at Qatar North Field, which is the largest single non associated natural gas field in the world. The plant foundation stone was laid in April 2006, and it has commenced production this time.

And this refinery has been designed as an environmentally friendly facility and built in line with stringent environment standards. Especially, a waste water treatment system enables reuse of treated water in various operation of the refinery.

We, Marubeni, have been participating in several businesses in Qatar, such as the investments in the oil, gas and LNG projects as well as the power plant and infrastructure projects. Through the Laffan Refinery Project, we have a strong intention to expand our field of energy business and enforce the relationship with the country and Qatar Petroleum.

“Outline of Laffan Refinery Co., Ltd.”
Incorporation : September 2006
Location : Doha, the State of Qatar
Shareholders (percent of shares) :
Qatar Petroleum (51%), Exxon Mobil Corporation (10%), Total S.A. (10%), Cosmo Oil Co., Ltd. (10%), Idemitsu Kosan Co., Ltd. (10%), Marubeni Corporation (4.5%), Mitsui & Co., Ltd. (4.5%)

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