Crescent Petroleum’s Gulf-South Asia Gas Project (GUSA) was the first workable scheme for producing, transmitting by pipeline and delivering natural gas from Qatar to Pakistan and eventually other parts of the Indian subcontinent. Other pipeline schemes have emerged in the last few years, although GUSA remains by far the most advanced major regional cross-border gas export scheme.

PROPOSED GUSA PIPELINE ROUTE

The GUSA Project comprises two main parts, each representing a world class project on its own, viz the Upstream Development to produce the gas at the source, and the Pipeline, which will transport the gas 1186 kilometers to Pakistan.

Crescent Petroleum is the developer and lead sponsor for this project. The Company has successfully advanced the GUSA Project to its present state of pre-implementation maturity including completing a detailed route survey for the whole pipeline route from source in Qatar to its final destination in Pakistan. The startup of the project implementation is currently hinging on re-opening by Qatar Petroleum of a new wave of gas export projects.

The key elements that underpin the viability of this important regional Project are as follows:

• enormous gas reserves of the North Field of Qatar (over 1000 trillion cubic feet);
• huge and growing energy market of South Asia;
• distance between Qatar and Pakistan, being 1186 kilometers, which comfortably supports the economics of a large diameter pipeline project;
• private sector initiative to focus on commercial fundamentals;
• potential to provide gas to India and other regional countries;
• environmental friendliness of the scheme; and
• predominantly offshore routing, which provides enhanced security of the project.