RasGas: Opportunities and Challenges in the LNG Industry

RasGas, the world's largest supplier of LNG and Helium, has made a global approach by offering long-term customer contracts to several countries. The company has invested in India, which is expected to boost production by 9%. RasGas has also faced some challenges, including the risk of breakdowns in its trains and potential conflicts with Iran that could impact production. However, the company has many opportunities for growth, particularly in the liquid natural gas transportation sector. With its strong market presence and strategic planning process, RasGas is well-positioned to continue expanding its business and providing LNG for decades to come. The company's commitment to producing without harming the environment is also a significant strength.

Production and Operations

Table of Contents
INTRODUCTION ..........................................................................................................................3
Mission and Vision .........................................................................................................................3
Conclusion.......................................................................................................................................7
REFERENCES................................................................................................................................8
Illustration Index
Illustration 1: Ras Gas total product production up to year 2013....................................................4
Illustration 2: : Strategic Plan .........................................................................................................6

INTRODUCTION
RasGas is a well-known company in Qatar which is a liquefied natural gas (LNG)
producing company in Qatar, which is the second biggest in Qatar coming after QatarGas.
QatarGas was established in 2001, and right now it operates seven LNG trains located in Ras
Laffan Industrial city. RasGas also performs helium plants which provide 25% of the world's
helium, and make Qatar the second largest helium exporter, which is a good thing to be proud of.
Right now the CEO of the company is Mubarak Al-Muhannadi (Mohammed and et.al., 2014).
RasGas is one of the world's chief coordinated LNG enterprises and has an advantageous
reputation for being a protected and dependable provider of LNG that has transformed a regional
resource asset into a key segment of the worldwide energy sector.
RasGas directs and deals with every one of the operations related with seven LNG trains,
two sales gas creation facilities, two helium generation facilities, and significant transportation
contracts and worldwide business good partnerships. The organization has created world-class
offshore and onshore facilities for the extraction, preparing, liquefaction and capacity of gas
from Qatar's North Field. Its essential products and goods is LNG for overseas and foreign
export, for which it has an aggregate generation limit of around 37 million tons for each annum.
We found talking about a world-class production company is good especially like
QatarGas, so we decided to talk about it in terms of their products and services, mission,
strategy, and their SWOT analysis.
Mission and Vision
Product and Operation
The company covers the Field having area of more than 6000 sq. KM and has recovers
900 trillions cubic feet of the gas reserves. Company's initial product sold is Liquid Natural gas
in which RasGas processed 7LNG trains. The other product which are associated by RasGas are
Ethane, proprane, Butane, Sales Gas, Condensates, Natural Gas liquids, Sulphur and Liquid
Natual Gas. Ras Gas also produces the liquid Helium and is the largest producer of it. Ras Laffan
Industrial City having Helium-2 plant produces liquid helium which is about 17.3 tonnes which
is equal to 1.3 billion cubic feet/ year. 25% of the global demand of Helium is completed by Ras
Gas (Morshidi and et.al., 2014).

Company production and productivity is at the Global level. Every product and services
produce by the Ras Gas is in tonnes. The company is producing the output of around 37 million
tonnes of Liquid natural Gas. The production of goods and services to the customer is fully
reliable. Liquid Natural gas production of the company is estimated to have the total production
of 3.71 million tonnes per annum.
Sources: https://www.rasgas.com/Files/RasGas_Sustainability_Report_2013_(April_2014).pdf
The overall production of Rasgas the product of the company is shown in the following
figure till year which now has increased. RasGas is fulfilled the demand of the world Natural
Gas production. The Company has fulfilled over 32% of liquid natural gas volume in all over
world in which Asia utilizes 72% of the Global LPG demand (Mohammed and et.al., 2014).
Mission, vision and Values.
Company mission, vision and values are based on some basic terms to which company
has strategically approached. They are deliverable, reliable, healthcare, safety of people and

environment protection. The company mission is to drive the business success through the
strategic priority and make the development in the sustainable ways. The business practice
adopted by the RasGas of being transparent and accountable. RasGas desire to fulfill the world
demand of energy in cleaner and effective way. The understand the their responsibility of
generating the clean fuel and overcome the environmental issues and other climate problems.
RasGas Sustainability framework operates on the three basic principles which are Social,
Economic progress and environmental stewardship. Under the socioeconomic the company
focus mainly on the employees welfare and there rights, their health and safety, personality
development, transparency and local procurement. In terms of the society the company focus on
local healthcare, impact on the local community, Grievances, social and stakeholder investments.
In terms of the economic development the company mainly focus on the Economic impact and
contribution, Product supply, excellence in operational and business ethics. Environmental
factors comprise of preservation of the nature, biodiversity and using the energy efficiently and
effectively (Prosvirnov and et.al., 2016). The Socio-environment includes the safety of
workforce, personal, process and taking care about the product deliver. This provide the
flexibility and increased the performance levels of the organization and helps in improving the
business development.
Success and core competence
RasGas had made a great and solid market reputation within the two decades of
establishment. The company has remarkably made success through safety, reliability and deliver-
ability. The successful implementation of Helium-2 project made the company world largest
exporter of helium that too within the budget and limited time period. Another success of the
company is the Barzon Gas project. RasGas focus on the safety of the people and had only 4 loss
time injuries in the period of 116 million man hours. The company is able to produce the LNG
of about 37 million tonnes in the year 2013. Organization has also focused on the environmental
factors and has reduced the flaring emission. Also, they are providing help to the local
community and providing the health and education facility.
Strategic process and plan
RasGas has adopted the strategic process are mentioned below

The company has adopted the method preserving the nature and safety along with health of the
people. Company has made its strategic planning clear and concise and has adopted it to
eliminate any competitive industry. The strategic planning made by the organization have
developed the company success for future and had developed special attachment with the people.
Company has started focusing on the operational reliability and is trying to improve the its
quality. Before establishing any project company secure there benefits and losses which may
arise during the period. RasGas is ready to pay any price but the company doesn't want to
compromise with the safety of personal and process, plant reliability and environmental
performance (Clancey and et.al., 2014).
SWOT analysis:
Strengths: The company has two main shareholders which are ExxonMobil and Qatar
Petroleum. The later one focus on the state development and are focusing on the energy sector
and preserving environment. The shareholders are used to develop the stable and consistent
policy. ExxonMobil provides the technological support to the RasGas. The shareholder has
provided better technological support and has minimized the cost of production of the oil. The
strategic planning and process provided by RasGas are very helpful for the people and they have
complete faith in the company. It is theConclusion world largest supplier of the LNG and
Helium. RasGas has made its global approach and offered some countries the long term
Illustration 2: : Strategic Plan

customer ship. Company has invested in India through which the production is expected to grow
9%.
Weakness: There is only problem related to the operation and its management. If there is
breakdown found in any train then there will b problem in the large amount of production. There
are also chances of war with the Iran which can damage the production and RasGas Offshore
platforms (Al-Kharaz and et.al., 2014).
Opportunities: Liquid natural gas transportation is providing the greater opportunities to the
company. It is located in such a place where LPG production last for several decades. The
production of new technological advancement has made reliability in the safety of the worker.
The relationship of RasGas in market is also a great opportunity to the company.
Threat: The rise in the prices of LNG and petrol product has forced in the development in the
renewable resources. Also, many other countries had started exploring natural gas in there own
country. There is great hike in the price of the gas as compared to oil.
Conclusion
In summary, RasGas has greater opportunities in expanding the business and in providing
the LNG for many decades. Company's new project in Helium plant will also increase the
company's production and profit level. Due to extended size of the train RasGas can produce the
LNG in very large amount. Company strategic planning and process will also help the
organization in creating the high market value. RasGas is also focusing on producing without
damaging the environment. The company must adopt new methods and occupy the opportunities
so that they can further grow. The company has truly made marked over the Global world
through there production.

REFERENCES
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Morshidi, L.B. and et.al., 2014, January. An evaluation of production casing corrosion due to
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Technology Conference.
Mohammed, S.A. and et.al., 2014, January. RasGas Experience with Production Optimisation
System, a Success Story. In IPTC 2014: International Petroleum Technology
Conference.
Prosvirnov, M. and et.al., 2016, April. Dynamic Reservoir Characterization and Production
Optimization by Integrating Intelligent Inflow Tracers and Pressure Transient Analysis
in a Long Horizontal Well for the Ekofisk Field, Norwegian Continental Shelf. In SPE
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Clancey, B. and et.al., 2014, January. Barzan Completions Success Through Innovative
Stimulation and Testing Technologies. In IPTC 2014: International Petroleum
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Al-Kharaz, H. and et.al., 2014, January. DIET: An Integrated Approach of Getting the Right
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