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## Al-Khaleej Gas Project Phase-1 in Qatar 

On March 31, 2003, the Joint Venture of Chiyoda, Mitsui & Co., Ltd., Snamprogetti & Co., W.L.L. (CMS&A) received the award from ExxonMobil Middle East Gas Marketing Limited to exe- cute the detailed engineering, procurement and construction (EPC) of Al-Khaleej Gas Project Phase 1 (AKG-1) in the State of Qatar. 

This project will provide a reliable gas supply to significant projects within Qatar from the abun- dant reserves (900 TCF) in North Field. The new AKG-1 facilities will be built adjacent to the exist- ing RasGas LNG Trains in the Ras Laffan Industrial City. 

Chiyoda believes that the award of this contract is attributable to a synergy effect with the ongoing Train 3 and 4 execution and the company’s superb capability as proven in such ongoing projects as well as in a successful track record with other Qatar projects. 

Award of this AKG-1 project represents a succession of EPC contracts in Qatar for Chiyoda and its partners, including the Qatargas LNG Trains 1/2/3 contracts (completed in 1998), Qatargas Debottlenecking Project and the RasGas Train 3 and 4 contracts (both under execution). We believe this shows Chiyoda’s competitive stronghold in the business of Gas Value-Chain in the Middle East region. 

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