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Qatar Fuel 'WOQOD' moves further into bunker fuel supply as Qatar's maritime infrastructure grows
- Qatar: Monday, April 14 - 2008 at 09:21
- PRESS RELEASE
Qatar Fuel 'WOQOD' in collaboration with Lloyd's Register FOBAS meets global best practice requirements for bunker suppliers as it expands further into the bunker supply business.
WOQOD is publicly listed company and has the sole concession of marketing, distribution and storage of all petroleum products and related services in the State of Qatar.
With the rapid growth in Qatar's maritime activities associated with development of shipping activities supporting LNG exports, WOQOD identified bunker supply for gas ships as an important support function and business opportunity.
The convenience of picking up bunkers for vessels whilst loading LNG as Ras Laffan terminal offers a unique opportunity for operators of such vessels to reduce voyage times to the port of discharge as they will be able to pick up bunkers in Qatar without making a detour to other ports in the region to re-fuel.
WOQOD will be distributing bunkers throughout Qatar, but particularly at Ras Laffan where WOQOD has built a dedicated bunker supply storage facility in Ras Laffan Industrial Park capable of delivering 4 million metric tonnes of bunker fuel annually.
With some 100 over ships forecast to call a month, with stems of up to approximately 5000 metric tonnes for the large ships, WOQOD is looking at significant volumes.
Mr. Mohammed T.Al Sobai, VIce- Chairman and Managing Director of WOQOD, confirmed the importance of ensuring that his company had quality systems in place for bunker supply activities. Working with Lloyd's Register FOBAS has been vital in helping assure this critical supply chain remains free flowing.
"The delivery of bunkers at specified quality levels is safely and business critical every time. WOQOD aspires to achieve a high quality delivery of all its business activities to all customers and external and internal stake holders. Ships need high quality bunkers and we want to make certain we are doing as much as we can achieve that goal."
WOQOD chose Lloyd's Register's fuel oil bunker analysis and advisory service(FOBAS) to help ensure that it's bunkering practices are properly managed and documented.
The Lloyd's Register FOBAS consultancy process took eight months and was led by Douglas Raitt.
WOQOD is now well on the road to helping fuel the ships that will export the clean LNG that the world needs. Mr. Nayef Saeed Al-Hijari, WOQOD Quality Management representative explained.
"The key to managing bunker supply is having a well documented process: a process that is clear, accountable and professional providing buyers with the confidence that they need. The current global, bunker fuel oil demand for ships amounts to approximately 340- 350 million metric tonnes-that's a lot of bunkers. And trade growth forecasts indicate that bunker -fuel demand could rise by one-third between now and 2020, placing ever increasing importance on quality supplies and safe, efficient operations."
Al-Hijiri added that "With the WOQOD Quality Management System for Bunker Supply of Chain (WQMBS) now in place, WOQOD can assure customers that we are able to meet their need for timely delivery of the required level of Quality in the right place."
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Notes and media contacts
1. The Lloyd's Register Group is an independent risk management organization that works to help to improve its client's quality, safety, environmental and business performance throughout the world, because life matters. Its expertise and activities cover railways, shipping, oil and gas, and other asset-based industries The Group comprise charities and non -charitable companies, with the latter supporting the charities in their public benefit goals.2. Qatar Fuel "WOQOD" is a publicly listed company and quoted on the Doha Securities Market since 2002.The Company is responsible for the distribution of all fuels within Qatar. This includes diesel, gasoline and aviation fuel through a fleet of more than 150 road tankers. The company trades in ship-to ship bunkering, bitumen importation and distribution, lubricants and modern service stations. WOQOD also distributes all LPG in Qatar.
For more information contact
Douglas Raitt
Global FOBAS Manager
Llyod's Register
T: +65 937 8515
F+ 44 207 423 1750
Lloyd's Register
71 Fenchurch Street
London EC3M 4BS,UK
T+ 044 20 7709 9166
F+ 044 20 7488 4796
www.Ir.org
Service are provided by members of the Lloyd's Register,Lloyd's Register EMEA and Lloyd's Register Asia re exempt charities under the UK Charities Act 1993
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