Exxon Mobil's joint venture in Qatar is recognized by the industry as a leading leader in LNG production and technological innovation, and in the next 18 months there will be more industry first. In addition to the first launch of the largest transport ship in the industry to transport liquefied natural gas to the market, the Exxon Mobil Corp also works with Qatar oil company to build four of the world's largest liquefied natural gas production facilities in Qatar, and participate in the liquefied natural gas re gasification terminal in Italy, Britain and the United States. Project.
Mr. Faisal Al Suwaidi, chief executive of Qatargas, said, "Qatar oil and Exxon Mobil Corp presided over a major technical work that had made this breakthrough improvement in the LNG transport industry. North Field is the largest non associated gas field in the world, and its recoverable reserves exceed 900 trillion cubic feet. Our LNG value chain extends from the northern gas field to every household in Asia, Europe and the Americas, and transportation is the key link. Using our innovative technology, we have effectively transformed the operation of LNG business and opened a broader global market for Qatar liquefied natural gas. Qatar oil and Exxon Mobil Corp are shareholders of Qatargas, a joint venture in Qatar. Qatargas will hire Mozah ships and five other Q-Max ships to transport liquefied natural gas produced by the new liquefied production line in Qatar.