Qatalum hogs limelight at world petroleum meet

Author: 
ARAB NEWS
Publication Date: 
Sat, 2011-12-10 23:08

Qatalum, the state-of-the-art aluminum smelter constructed in line with Qatar’s long-term economic diversification strategy, was present as a representative of Qatar’s newest energy-related industry: aluminum. The smelter, which achieved full production earlier this year, was also a Gold Sponsor of the event.
The triennial World Petroleum Congress, which ran from Dec. 4 to 8, 2011 under the patronage of Sheikh Hamad bin Khalifa Al-Thani, emir of Qatar, is considered one of the industry’s premier events, and attracted more than 5,000 participants from around the world, including more than 900 participants from Qatar, and 35 ministers from countries active in the petroleum industry.
The theme for this year’s congress was “Energy Solutions for  All — Promoting Cooperation, Innovation and Investment,” and focus was on the debate on solutions aimed at providing global access for all to reliable, affordable and sustainable energy in both the near and long term future.
With the world’s third largest natural gas reserves and more than 900 trillion cubic feet of proven natural gas reserves in the world’s largest non-associated natural gas field, Qatar was a natural choice for the hosting of this important event. The country is also the world’s single largest supplier of liquefied natural gas, and in recent years the Qatari government has devoted significant resources to the development of natural gas, particularly gas-to-liquids projects. This energy is now being channeled in a new direction — gas-to-solids, in the form of aluminum. And this is being accomplished through Qatalum, Qatar’s first aluminum smelter.
Speaking of Qatar’s newest energy-related industry, Qatalum CEO Tom Petter Johansen said, “Aluminum has a notably positive economic effect locally, regionally and internationally, as it is used in a wide variety of sectors, such as construction, transport and marine industries. GCC countries are rich in the raw materials required to produce aluminum, which also lowers the production cost in the region significantly. This, together with the implementation of long-term strategies that aim to develop the region’s aluminum industry, have ensured that the region is well positioned to be one of the world’s main aluminum producers. And through Qatalum, Qatar is positioned to be at the forefront of this development.”
Johansen explains that Qatalum is committed to ensuring that Qatar’s shift in focus to gas-to-solids is a successful one. “At Qatalum, we are committed not only to ensuring that we produce the highest quality primary aluminum, but also to ensuring that the progress we have made thus far is sustainable. To this end, we have entered into a number of partnerships and agreements that will ensure the industry’s continued growth, as well as build the foundation for a knowledge-based industry that is sustainable over the long term, and will provide Qatar with economic diversity and sustainability. Our vision is to become a sustainable economic catalyst, using Qatar’s gas energy to create a valuable commodity — aluminum.”
Qatalum is a state-of-the-art aluminum smelter with a production capacity of 585,000 metric tons per year that will enable Qatar to contribute a significant portion towards GCC aluminum production. The smelter aims to become a sustainable economic catalyst at the heart of turning Qatar’s gas energy into a valuable commodity — solid aluminum, and hopes to create a strong, knowledge-based industry not only in Qatar, but throughout the region.

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