Oxy is a partner in the giant Dolphin Project, the premier transborder natural gas project in the Middle East and one of the largest energy initiatives ever undertaken in the region.
The project, in which Oxy has a 24.5-percent interest, delivers natural gas from Qatar's North Field — one of the world's largest gas reservoirs — to customers in the United Arab Emirates and Oman.
The gas is produced from wells offshore Qatar and processed at the onshore processing and compression plant in Ras Laffan, Qatar, one of the largest facilities of its kind. From there it flows through a 48-inch, 230-mile-long subsea export pipeline, which is one of the longest and largest in the Middle East, to markets in the United Arab Emirates and Oman.
Most of the facilities within the original scope of the project were completed by year-end 2007, including three of the four trains in the onshore processing plant in Ras Laffan. The fourth and final train was fully operational by the end of February 2008. Dolphin exited 2007 producing 43,000 barrels of oil equivalent per day net to Oxy.
The Dolphin Project is expected to have a significant impact on the development of the Middle East region, and to be a steady contributor to Oxy’s financial performance over the next quarter century.
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