GE Gas Turbines Selected for Qatar Liquefied Gas Company Production Facilities


FLORENCE, ITALY - October 30, 2006 - GE's Oil and Gas business will supply three Frame 6B gas turbines that will provide a total of approximately 120 megawatts of power for Qatar Liquefied Gas Company Limited's LNG production facilities 2, 3 and 4 in Ras Laffan, Qatar.

The three Frame 6B machines will be manufactured at GE Energy's plant in Belfort, France and packaged at GE Oil & Gas facilities in Massa, Italy. The units will be shipped to Qatar during the first two quarters of 2007, with commercial operation scheduled for the third quarter of 2007. GE's contract also includes electrical balance of plant equipment.

The gas turbines will be used for base load operation, with natural gas as the primary fuel. The units will be equipped with GE Dry Low NOx combustion systems that will enable them to meet Qatar Liquefied Gas Company's requirement for NOx emissions.

"According to World Energy Outlook, Qatar will have the fastest rate of energy growth demand in the Middle East and North Africa region by 2030," said Claudi Santiago, GE Senior Vice President and President and CEO of GE Oil & Gas. "Qatar also will register the biggest volume increase in gas production and will account for almost one-quarter of the increase in gas inter-regional trade until 2030. This calls for efficient production technology, which GE has been supplying to Qatar's natural gas and liquefied natural gas industries for more than 35 years. The new contract with Qatar Liquefied Gas Company Limited builds further on GE's already broad presence in the country."

The new Frame 6B machines will further expand GE's fleet of gas turbines in Qatar that includes Frame 5, 6 and 7 gas turbines as well as Frame 9 gas turbines being used for the LNG "super-trains" under construction for Qatargas 4.

GE reinforced its commitment to its customers in Qatar by setting up the new GE Oil & Gas Service Center in Ras Laffan. The center is designed to support the maintenance of GE gas turbines and compressors installed in Qatar, and acts as a "center of excellence" for GE service activities across the Middle East. The service center also complements GE's Qatar Localization Program, which was created to help develop local expertise and build local infrastructure.

Qatar Liquefied Gas Company pioneered the LNG business in Qatar. The company was established to own and operate a world-class onshore LNG plant utilizing natural gas from Qatar's offshore North Field, and to market and export LNG and associated condensate worldwide. Qatar Petroleum, the state oil company, is the major shareholder in Qatar Liquefied Gas Company Limited 2, 3 and 4 that includes joint venture participants ExxonMobil, ConocoPhillips and Shell.

A joint venture between Chiyoda of Japan and Technip of France will be the engineering, procurement and construction (EPC) contractor for the new Qatar Liquefied Gas project.

About GE's Oil & Gas business
GE's Oil & Gas business is a world leader in advanced technology turbomachinery products and services, with engineering and manufacturing centers of excellence throughout Europe and the United States. Based in Florence, Italy, the company offers complete solutions for production, LNG, transportation, storage, refineries, petrochemicals and distribution systems, as well as pipeline integrity solutions including analysis and pipeline asset management.

For more information, contact:
Gabriele Peri
GE Oil & Gas
+39 055 423 8280
gabriele.peri@ge.com

Ken Darling or Howard Masto
Masto Public Relations
+1 518 786 6488
kenneth.darling@ge.com
howard.masto@ge.com

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