Our sustainability framework provides a structured approach for
identifying and responding to long-term global economic and
environmental challenges and national and local issues of
development and growth. Our enterprise risk management
framework enables us to identify emerging challenges and develop
As part of our continued focus on cost optimisation (one of our four
Strategic Choices) we initiated a review and re-organisation of our
structure in the latter half of 2015. Our new structure allows us to
better focus on core business activities, to provide clearer roles
and responsibilities for our employees, and ensure we are well-
positioned to face future challenges.
As a result of the restructuring, we had to release a number of our
employees. This was done in a manner reflective of RasGas’
commitment to the ‘People’ Strategic Choice and as such
was undertaken with respect and consideration for the employees,
contractors and their families, all of whom have contributed to the
past successes of the business.
RasGas is aware of the potential for heightened risk during periods
of uncertainty and change. Our risk management framework and
management control systems, coupled with our commitment to business
integrity, transparency and accountability means that we are
well-prepared to manage the risks that arise from changes to our own
operations and markets.
In 2015, we increased our workforce Qatarization rate to 38%. Despite
the restructuring, we remain committed to our Qatarization plans and
continue to recruit, mentor, train and develop our Qatari employees
and develop a forward succession plan, in line with our business
needs and the goals of the Qatar National Vision 2030.