Chiyoda Awarded Onshore FEED & Execution Planning Order for the Barzan Project in...

Chiyoda Awarded Onshore FEED & Execution Planning Order for the Barzan Project in the State of Qatar

YOKOHAMA, Japan--(Business Wire)--
Chiyoda Corporation (TOKYO:6366)(ISIN:JP3528600004) has been
awarded the Front-End Engineering Design (FEED) & execution planning
contract for the Barzan Onshore Gas Plant which is located in the
State of Qatar and under the responsibility of Qatar Petroleum. RasGas
Company Limited (RasGas) will direct (oversee) the FEED work.

The Barzan project is planned in order to meet the natural gas
requirements of the growing local market for electricity and water in
Qatar. The Barzan Project is included as a part of the gas development
scheme for the North Field, the world's largest non-associated gas
reserve.

The FEED & execution planning work scope is for two gas processing
trains with a nominal feed gas design capacity of 1,700 MMscfd. The
scope also includes definition of a possible third train. The onshore
portion of the Barzan Project will be constructed on a green-field
site within Ras Laffan Industrial City (90 km north of Doha) in the
State of Qatar. The FEED work is targeted for completion in the 2nd
quarter of 2009.

Chiyoda has and is executing a number of FEED and EPC
(Engineering, Procurement and Construction) projects for LNG and gas
plant facilities in Qatar including Al-Khaleej Gas 1 with capacity of
750 MMscfd and Al-Khaleej Gas Phase 2 with a capacity of 1,250 MMscfd.
Lessons learned from these projects, other ongoing LNG projects in the
region, as well as its technical experience in processing gas from the
North Field are capabilities that Chiyoda brings to the FEED and
execution planning work of Barzan.

Chiyoda Corporation, headquartered in Yokohama, Japan, provides
services in the field of engineering, procurement and construction for
gas processing, refineries and other hydrocarbon or other industrial
plant projects, particularly for Gas Value Chain Projects, on a global
basis including the Middle East, Russia and South East Asian, Africa
and Oceania regions. For 60 years, Chiyoda has constantly leveraged
its extensive experience and far-reaching global network to give it an
unrivaled advantage.

Chiyoda Corporation
Ken Ito/Kenichi Aoki, +81-45-506-7538
Investor Relations and Corporate Relations Office
Fax: +81-45-506-7085
kenaoki@ykh.chiyoda.co.jp
www.chiyoda-corp.com

Copyright Business Wire 2008