THE MAGAZINE OF QATARGAS OPERATING COMPANY LIMITED THE PIONEERISSUE 151 – Quarter One 2016 QATARGAS DIRECTION STATEMENT COMMITTED TO PAVING THE BEING PREMIER WAY FORWARD A HOST OF SAFETY MILESTONES AND RECOGNITIONS QatargasADS 151 English.pdf 1 5/9/16 9:29 AM THE STATE OF QATAR IS MOVING FORWARD WITH A CLEAR STRATEGY ACHIEVING DEVELOPMENT GOALS OF QATAR NATIONAL VISION 2030 A fast-changing and energy sector, which is the largest contributor competitive world to the country’s economy, has a critical role to requires a high play in this endeavour. The Qatargas Direction degree of resilience Statement thus takes greater significance to to stay on top. The convey a message of continued commitment State of Qatar’s gas to maintain its leading position. sector has proved Over the past three decades, Qatargas has this time and again. It adopted values and principles that have stood has overcome many the company in good stead. This commitment challenges, thanks to is clearly expressed and underscored in our strong leadership, robust vision and a well- new Direction Statement. knit strategy. As we enter a new phase of As Chairman of the Board, I am confident an increasingly competitive environment for that the key messages in this document the global LNG industry, we need a renewed will be fully embraced and accepted direction to keep pace with the challenging wholeheartedly by all Qatargas staff as times ahead. clear guiding principles to uphold the The State of Qatar is moving forward highest standards of performance and retain with a clear strategy and a high degree of Qatargas’ premier global position, as it moves resoluteness to achieve the development with confidence and renewed vigour into the goals of Qatar National Vision 2030. The future. SAAD SHERIDA AL-KAABI CHAIRMAN OF QATARGAS BOARD OF DIRECTORS QUARTER ONE 2016 | THE PIONEER | 1 QATARGAS DIRECTION QATARGAS CORPORATE SCORECARD YEAR TO DATE MARCH 2016 STATEMENT AND VISION 2020 SAFETY, HEALTH AND ENVIRONMENTAL PERFORMANCE Qatargas outperforming industry TRIF Flaring Greenhouse Gas {Total Recordable {% of Sweet Gas} Emissions Intensity Injury Frequency} 1.0 {Tonne GHG/Tonne LNG} 1.0 0.450 WE ARE COMMITTED TO BEING THE 0.91 0.98 WORLD’S PREMIER LNG COMPANY 0.445 0.441 0.440 During 2015 at increased synergies and recognised customer 0.5 0.5 Qatargas, we were satisfaction. proud to achieve The Qatargas Direction Statement is our 0.53 0.435 0.39 0.39 ‘Premier Status’ by road map to achieving this and retaining 0.433 realising our Vision our ‘Premier Status’. Our mission has been 0.430 2015 of becoming the defined to manage and operate all our world’s premier LNG resources safely, efficiently and reliably. A set 0 0.434 company. We had of corporate values has been defined, forming 0 0 0 achieved or exceeded the foundation of how we should work all of our vision targets together and through which we will fuel the and set the standard for the LNG sector. fulfilment of the Qatar National Vision 2030. This is an achievement that resulted from The Direction Statement also shows how Industry Average QATARIZATION sustained collective performance and high Qatargas will perform in the future and guides Actual A High Calibre and Diverse Work Force individual commitment amongst our people us to deliver on our business promises. It {Total Headcount} over many years. It is an achievement we can informs our approach and strategies and has Target all be proud of. been designed to inspire and empower our Now, in our continuous endeavours to people to innovate. challenge ourselves and set the bar higher, Safety will continue to be a key focus and develop new capabilities and remove we have also introduced some new strategies, EFFICIENT AND RELIABLE OPERATIONS Target Actual obstacles, it is time to reach beyond these which fit well within today’s economic forces. Industry Average Actual Target 22.7% 21.7% past accomplishments and established We aim to pioneer new LNG applications and benchmarks to increased and sustainable to establish new markets with a new portfolio LNG Reliability 96.5% 95.5% 97.5% improvements. of customers which, combined with our high It is time to push beyond the baselines calibre workforce and continued reliability LR Reliability 98.5% 90.5% 91.1% we have successfully created and reach new and flexibility, will ultimately contribute to heights. At Qatargas, there is no room for strengthening our corporate resilience. Expenditure vs Target N/A 91% N/A complacency. We must build on our strengths The Direction Statement, along with the and continue to deliver excellence in all Vision 2020, is now the compass for Qatargas, CUSTOMER SATISFACTION aspects of our business. showing the way forward to each one of our In today’s increasingly turbulent market, people and partners. During this new, post- Actual Target FINANCIAL PERFORMANCE Qatargas needs to respond intelligently premier phase, we will once again challenge and adapt creatively to the challenges ourselves to break new boundaries, rise Reliable Deliveries 100% 100% Actual Target ahead with a relentless focus on safety and to new heights and deliver unprecedented performance, sustained operational reliability, results. Positive Responses Sales Volume to Customer Change 93% 85% (Million Tonnes) 14.5 14.6 KHALID BIN Requests KHALIFA AL THANI CEO, QATARGAS QUARTER ONE 2016 | THE PIONEER | 3 THE MAGAZINE OF QATARGAS 05 QATARGAS DIRECTION OPERATING COMPANY LIMITED STATEMENT. Committed to being premier. 16 A HOST OF SAFETY MILESTONES AND Editorial Team RECOGNITIONS. Editor in Chief: Daniel Yates Editorial Director: Thajudeen V. Aliar Arabic Editor: Eiman Fakhroo 29 CAREER DEVELOPMENT FOR Published by QATARIS. The Public Relations Department 09 QATARGAS AND Training courses with long- Qatargas Operating Company RASGAS SYNERGIES. term partner Chiyoda Limited New synergy committee Corporation. established. Qatargas Operating Company P.O. Box 22666 23 FIRE SAFETY AND 30 SAVING THE SEA. Doha, Qatar 10 MULTI-PORT PREVENTION. Coral relocation: A case study. Tel: +974 4452 3224 DELIVERIES. Updates from the EMS Fax: +974 4473 6628 A first in LNG shipping Department. practice. Firefly Communications 24 TRAIN 6 PLANNED P.O. Box 11596 12 LNG AS MARINE FUEL. SHUTDOWN COMPLETED. Doha, Qatar Exploring LNG propulsion Another safe shutdown Tel: +974 4434 0360 technologies. executed ahead of schedule. Fax: +974 4434 0359 14 SUPPLYING ENERGY TO 26 500TH CARGO TO All Rights Reserved. No part of this publication may be reproduced, stored in a PAKISTAN. SOUTH HOOK, UK. 32 SUPPORTING LOCAL retrieval system or transmitted in any form Long-term SPA signed. Qatar providing 20 percent of BUSINESS. or by any means, electronic, mechanical, UK’s energy requirements. Working closely with local photocopying or otherwise without the prior permission of the Public Relations contractors and suppliers. Department, Qatargas Operating Company. 28 BOLSTERING TIES WITH JAPANESE BUYERS. 32 BLOOD DONATION th Printed on recycled paper QATARGAS The 17 MMT Technical DRIVES. Meeting. 33 SPORTS HIGHLIGHTS. 28 ENGAGING THE YOUNGER GENERATION. 34 QATARGAS FLARE Working with Qatar University. SYSTEM. DIRECTION Scan QR CODE TO VISIT OUR WEBSITE Qatargas is now present on social media via Facebook, Youtube, Twitter and Instagram. STATEMENT: We look forward to seeing your involvement and support on these official media: Facebook: www.facebook.com/ qatargas YouTube: Qatargas PR COMMITTED TO Twitter: @Qatargas CONTENTS Instagram: Qatargas BEING PREMIER 4 | THE PIONEER | QUARTER ONE 2016 QUARTER ONE 2016 | THE PIONEER | 5 Qatargas is ‘committed to being the world’s premier LNG company providing Direction Statement will do this with the utmost WHO ARE WE explained commitment to safety and TARGETING? reliable, clean energy’. That is the central message behind Qatargas’ Direction The Qatargas Direction environmental performance. Statement was developed Through our effective business Every stakeholder – our people, our customers, Statement, which was recently rolled out across the Company. The associated in order to provide clear processes we will strengthen our shareholders and our community. guidance on where the our corporate resilience.” 2020 Vision is the Company’s five-year road map with a focus on helping to Company wants to go. It was The Direction Statement fulfil the key objectives of the Qatar National Vision 2030. designed to communicate comprises five key pillars, that the Company values which are Qatargas’ key WHY DOES QATARGAS EXIST? everyone’s contribution and strategic focus areas. To operate and manage all of its that people must push forward Each pillar is linked to the resources safely, efficiently and reliably. The Qatargas Direction provides clear direction to all can work together. Our increasingly challenging in order to maximise this value. Company’s corporate values Statement underscores the employees and partners. mission has been defined to and competitive global Qatargas CEO continues, and helps in monitoring Company’s commitment to Khalid Bin Khalifa Al manage and operate all of our environment. “A hugely important step in performance. sustaining its journey as the Thani, CEO, Qatargas, speaks resources safely, efficiently Playing a key role in this direction is the integration In developing the mission world’s premier LNG company. animatedly about the Qatargas and reliably. The subsequent achieving the QNV 2030, of economic, environmental statement, management asked HOW CAN THAT BE DONE? It has been developed to Direction Statement, “We 2020 Vision
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