IEEJ：2010年10月掲載

Qatar Gas Transport Company Ltd. (NAKILAT)

Company Presentation
September 2010

Copyright © 2010.

Qatar Gas Transport Company Ltd

IEEJ：2010年10月掲載

Agenda:Importance of LNG to the State of Qatar; Overview of Nakilat;
 Facilities Development; Ship Repair & Conversion (Phases 1 and 2);
 Offshore Structures Fabrication & Maintenance (Phase 3);
 Small Ship Construction (Phase 4);
 Repair of small ships (Phase 5);
 Production of Small Luxury Yachts (Phase 6);
 Timeline.
IEEJ：2010年10月掲載

Qatar Gas Transport Company Ltd. (NAKILAT)
Company Presentation

Importance of LNG
to the State of Qatar

IEEJ：2010年10月掲載

Qatar in the Context of Global LNG Markets
The Importance of LNG to the State of Qatar

Becoming the Dominant Player in the Rapidly Growing LNG Industry
On Track to be World’s Largest LNG Producer
(MTA)
80

70

60

504030

20

100
Qatar

Indonesia

Algeria

2005

Malaysia

2008E

Nigeria

Australia

Trinidad

2010E

Qatar is One of the World’s Largest LNG Producers___________________________
1. Source: Energy Information Administration, International Energy Outlook .

IEEJ：2010年10月掲載

The Qatar LNG “Integrated Chain”
The Qatar LNG Story

Strong “Sponsorship” of the Entire Chain from the State of Qatar

UpstreamQP and partners toproduce 77 MTA ofLNG from the North
FieldMidstream / Shipping

QP and partners to shipmuch of their LNG via
ships they control underlong-term charters

Downstream / Regas

QP and partners haveownership interests inregasification terminals
around the world

Marketing

QP and partners sell
LNG globally via longterm contracts withcreditworthy offtakers

Upstream Shareholder Offtakers
Nakilat and Other Shippers
Third-Party Offtakers

IEEJ：2010年10月掲載

Shipping Infrastructure is the Lifeblood of “Qatari LNG
Inc”
Importance of Nakilat to State of Qatar

500 round-trip journeys annually,each round trip averaging over
15,000 km
Over 7 million km p.a.
totalOver 150 world
trips

77 mtpa of LNG
12 to 14 million tons of LPG
annually
750,000 barrels/day ofCondensateShipping critical to Qatar–

Essential infrastructure–

Global supply function

Optimal configuration vital–

Small savings = big $’s

Existing Export Markets
Construction / Development
2005-2010Qatari LNG (and Income) Integrated into Global Energy Grid via Ship InfrastructureIEEJ：2010年10月掲載

Snapshot of Nakilat
Overview of QGTC and Nakilat

Transportation Integral to Qatar’s Ability to Connect Massive Gas Reserves to Market

RasGas LNG
NorthField(~15%world’sprovedgas)

77 MTA
LNG

Shippers including
Nakilat Inc.

LNG sales

Qatargas LNG

LNG critical to Qatar Petroleum (QP) and State of Qatar (SOQ)
RasGas and Qatargas ventures vital to QP and international oil company (IOC) partners
Transportation integral to connecting gas reserves and infrastructure to market
QGTC established to play a key role in shipping for Qatari LNG projects

IEEJ：2010年10月掲載

Qatar Gas Transport Company Ltd. (NAKILAT)
Company Presentation

Overview of Nakilat

IEEJ：2010年10月掲載

Nakilat:Created to Own & Operate the Qatari LNG Fleet
Nakilat Profile

Established in 2004 as part of the overall
Qatari LNG strategy
Successful IPO in February 2005






Part QGTC Ownership

Qatar Government Affiliates

29 LNG CarriersPartnered with international
shipping companies

4 LPG Carriers
24 Tugs / Workboats

100% QGTC Ownership

Doha Stock Exchange

Other
15%

Restricted to Qatari nationals
Provided avenue for citizens to participate directly in
Qatari LNG business through share purchase

Nakilat’s LNG Shipping Activities

Nakilat Shareholder Base

Qatar
Petroleum
5%
Public Float
50%

Qatar
Shipping Co.
15%

25 LNG Carriers
Charterers: QGII / QG3 /QG4 / RG3
Qatar
Navigation
Co.
15%

IEEJ：2010年10月掲載

Nakilat – Corporate Vision:
Nakilat vision is “To be the world’s leading owner and operatorof vessels for the transportation of LNG and associatedproducts, and the provider of choice for ship repair andconstruction services, as measured by customer satisfaction;
financial profitability and growth; operational efficiency; andhigh standards of safety, health and environment”.

IEEJ：2010年10月掲載

Nakilat – Mission Statement:
To maximize shareholder value by:






Optimizing investment in our core businesses of transportingLNG and associated products, through stringent cost control,
effective risk management and innovative financing.
Establishing “centres of excellence” for the repair andmaintenance of very large LNG carriers and other vessels,
and for the construction of small, high value ships, thereby
providing further assets for the State of Qatar.
Providing fully integrated logistics support to vessels.
Identifying and capturing synergies.
Recruiting, developing and retaining the highest quality
personnel in the industry.

IEEJ：2010年10月掲載

Nakilat LNGC Fleet:

9 LNG Vessels
Conventional (145,000 – 154,000 m3)

31 LNG Vessels
Q-Flex (210,000 – 216,000 m3)

14 LNG Vessels
Q-Max (263,000 – 266,000 m3)

IEEJ：2010年10月掲載

Delivering the Program – State-of-the-Art Ships
Overview of QGTC and Nakilat

Classification Society Approved Design Offers Material Operating Advantages

Q-Flex / Q-Max Shipping Cost Advantaged

Economies of Scale Realized Through Chain

Reliquefaction prevents boil-off gas (BOG) loss

Lower per unit capital costs– Increases overall sales volume

Higher per unit operating efficiency

Transport cost savings ~30%

Faster loading / discharge rates



Cost reduction on QGII, QG3, QG4, RGII/3



Elimination of lost sales due to reliquefaction–More efficient Diesel propulsion

Gross saving of ~$13 billion over 25 years

Key Technologies on the QGTC Fleet of Q-Flex and Q-Max Ships“Gaz Transport” MembraneIncreased shipyard capacity
Reduced Suez Canal fees/costs
Reduced wind resistance

Enhanced Reliquefaction System

Propulsion separate from BOG

Maximizes delivered cargoAdvanced Propulsion Technology

BOG converted to liquid

Diesel engines
Thermal efficiency
Twin screw configuration
Superior fuel efficiency

Significant Savings on Transport Cost for Charterers

IEEJ：2010年10月掲載

Other Nakilat Joint Ventures Companies
Nakilat SwitzerNakilat Agency Company

Operating the Ship Repair Yard in Ras Laffan

Nakilat Damen Shipyards Qatar


Agency services for all vessels calling in Ras Laffan

Nakilat-Keppel Offshore & Marine
Towage Contract in Ras Laffan (operating 24 vessels)

Operating the Ship Construction Facility in Ras Laffan

Gulf LPG

Operating 4 LPG Vessels

IEEJ：2010年10月掲載

Qatar Gas Transport Company Ltd. (NAKILAT)
Company Presentation

Facilities Development

IEEJ：2010年10月掲載

Construction & Maintenance ofMarine & Offshore Structures:
Nakilat and QP have defined a six-phase strategy to develop facilities
for the construction and maintenance of a wide range of marine andoffshore structures:
Phase

Activities / Facilities

Phase 1

Repair and conversion of very large ships (e.g. LNGCs, VLCCs)

Phase 2

Repair of medium-sized ships (e.g. 20,000 dwt to 80,000 dwt)

Phase 3Fabrication and maintenance of offshore structures (andcomponents for land-based petrochemical plant) (Feasibility Stage)

Phase 4

Construction of high-value small ships (< 120m LoA)

Phase 5

Repair of small ships (< 20,000 dwt) (Engineering Stage)

Phase 6

Production of FRP vessels (Engineering Stage)

IEEJ：2010年10月掲載

Overview of Strategy:
Phase 3Phases 1 & 2Ship repair (large & medium vessels)
Phase 4Conversions

Fabrication of Offshore Structures

Phase 5Construction of small ships

Repair of small ships

Phase 6

Production of FRP vessels

IEEJ：2010年10月掲載

Phases 1 & 2: Repair of medium to large sized vessels (20,000 to 400,000 dwt)
Phase 3: Fabrication & maintenance of offshore structures
Phase 4: Construction of high-value, specialist vessels (<120m LOA)

Phase 6

Phase 5: Repair of small vessels (<20,000 dwt)
Phase 6: Production of FRP vessels
Phase 3Phase 4

Phase 1 & 2

Phase 5IEEJ：2010年10月掲載

Shipyard Sites

Status on 22 August 2010

IEEJ：2010年10月掲載

Phase 3Phases 1 & 2

Phase 4Phase 6

Phase 5

Aerial view of Phases 1 to 6 (22 August 2010)

IEEJ：2010年10月掲載

Facilities Under Development:(December 2009)IEEJ：2010年10月掲載

Qatar Gas Transport Company Ltd. (NAKILAT)
Company Presentation

Phases 1 & 2
Ship Repair YardIEEJ：2010年10月掲載

Phases 1 & 2:
Repair + Conversion of Large / Medium Vessels

IEEJ：2010年10月掲載

Subcontractors’ Ops
M&E Amenities Main Pipe
Facilities Support Facility Block Office Shopand Stores

Paint SteelMobile
Utility& Blast Shops Shelters Compound
Cells

Fabrication/ Laydown
area
30t jib cranes

500t Gantry
Crane(future)

Floating Dock 2
220m x 38m
Floating Dock 1
405m x 64m

Dry Dock 1
360m x 66m

Dry Dock 2
400m x 80m

Q-Max LNGC
345m x 55m

Phases 1&2:
Ship Repair Yard

Quays / Piers
6 x 400m berths

IEEJ：2010年10月掲載

Facilities Under Development:(December 2009)IEEJ：2010年10月掲載

Facilities Under Development:(December 2009)IEEJ：2010年10月掲載

Dock No. 1, Pump House & Dock No. 2:(September 2010)

IEEJ：2010年10月掲載

Stockyard and Steelworking Facilities:(September 2010)

IEEJ：2010年10月掲載

Treatment Line:(September 2010)

IEEJ：2010年10月掲載

Steelworking Facility:(December 2009)IEEJ：2010年10月掲載

Steelworking Facility – Block Assembly:(May 2010)

IEEJ：2010年10月掲載

Pipeworking Facility:(September 2010)

IEEJ：2010年10月掲載

Workshop Offices:(September 2010)

IEEJ：2010年10月掲載

Mechanical & Electrical Facility:(June 2010)

IEEJ：2010年10月掲載

Warehouse Facilities:(September 2010)

IEEJ：2010年10月掲載

Main Amenities Block:(July 2010)

IEEJ：2010年10月掲載

Amenities Block ‘C’:
(February 2010)

IEEJ：2010年10月掲載

Amenities Block ‘C’:
(February 2010)

IEEJ：2010年10月掲載

Main Office Block:(September 2010)

IEEJ：2010年10月掲載

Qatar Gas Transport Company Ltd. (NAKILAT)
Company Presentation

Phase 3
Offshore Structures Fabrication

IEEJ：2010年10月掲載

Phase 3: Fabn & Maintenace of Offshore Structures

IEEJ：2010年10月掲載

Potential Products – Phase 3:
Class B Jack-up

Drilling module

Module for FPSO

Integrated deck ~ 10,000t

IEEJ：2010年10月掲載

Qatar Gas Transport Company Ltd. (NAKILAT)
Company Presentation

Phase 4
Ship Construction – Small Vessels

IEEJ：2010年10月掲載

Phase 4: Construction of Small Ships

IEEJ：2010年10月掲載

Commercial Vessels:

Dredgers

Harbor tugs

Coastal Tankers

Offshore Supply Vessels

IEEJ：2010年10月掲載

Coastal Defence Vessels:

Coastguard Vessel

MCDV

Fast Patrol Boat

Offshore Patrol Vessel

IEEJ：2010年10月掲載

Custom Luxury Yachts:

80m

95m

49m

52m

IEEJ：2010年10月掲載

Paint Steel
MobileUtility& Blast Shops Shelters Compound
Cells

Depot
Construction
Warehouse
Hall

AssemblyShop

Superyacht
Construction
Hall (Future)

Fabrication/ Laydownarea
Load-out &Recovery
Barge
140m x 35m

30t jib cranes

Outfitting Quay

Outfitting Quay(Future)

Q-Max LNGC
345m x 55m

Phase 4:
Ship Construction Facility

IEEJ：2010年10月掲載

Construction Hall:270m long x 85m wide x 45m high

IEEJ：2010年10月掲載

Construction Hall:

19m Tug
70m OSV

70m OSVIEEJ：2010年10月掲載

Construction Hall and Assembly Shop:(December 2009)IEEJ：2010年10月掲載

Construction Hall:(September 2010)

IEEJ：2010年10月掲載

Construction Hall:(September 2010)

IEEJ：2010年10月掲載

Depot Store:(June 2010)

IEEJ：2010年10月掲載

Assembly Shop:(September 2010)

IEEJ：2010年10月掲載

Qatar Gas Transport Company Ltd. (NAKILAT)
Company Presentation

Phase 5
Ship Repair – Small Vessels

IEEJ：2010年10月掲載

Phase 5: Repair of Small Ships

IEEJ：2010年10月掲載

OnshoreSupportFacilityTower
CranesOnshoreRepairBerths

TravelLift

TravelLiftPiers

Floating Dock 3(5,000 TLC)

FloatingMoorings

Repair Quay

Floating Dock
2 220m x 38m

Floating Dock
1 405m x 64m

Phase 5:
Repair of Small Ships

IEEJ：2010年10月掲載

Qatar Gas Transport Company Ltd. (NAKILAT)
Company Presentation

Phase 6
Production of Small Luxury Yachts

IEEJ：2010年10月掲載

Phase 6: Production small luxury yachts

IEEJ：2010年10月掲載

Phase 6: Production of small luxury yachts

IEEJ：2010年10月掲載

Phase 6: Production of small luxury yachtsStores & Outfit
Manufacturing
Mould
Shop
Fit-out,Testing &Finishing

Floating Moorings

Breakwater

IEEJ：2010年10月掲載

Qatar Gas Transport Company Ltd. (NAKILAT)
Company Presentation

TimelineIEEJ：2010年10月掲載

Timelines:

Phase

Start of Operations(Current status)

Phases 1 and 2

Q3 2010

Repair of Medium / Large Ships(Under construction)

Phase 3

TBD

Offshore Structures Fabrication and Maintenance (Feasibility stage – on hold)Phase 4

Q1 2010

Ship Construction(Under construction)

Phase 5Q4 2011

Repair of Small Ships(Engineering stage)

Phase 6

Q2 2012

Production and Repair of FRP Vessels(Partner selection)IEEJ：2010年10月掲載

Thank you.

World class facilities …
World class service.
お問合せ：report@tky.ieej.or.jp