Wednesday, July 24, 2013

Qatargas ships first LNG to Malaysia - Sea Ship News

Posted July 23, 2013 - Sea Ship News -

Doha: Qatargas has sold Qatar’s first ever cargo of liquefied natural gas (LNG) to Malaysia.
The cargo was sold to Petronas LNG and was loaded yesterday on to the LNG vessel, Seri Begawan, at Ras Laffan Port.
The cargo will be delivered to Malaysia’s first LNG receiving terminal located in Melaka. The conventional sized cargo contains approximately 3.1trn British thermal units of LNG.
The cargo was supplied by Qatargas 2, a joint venture between Qatar Petroleum, ExxonMobil and Total. Qatargas and Petronas recently concluded a master sales and purchase agreement (MSPA) to facilitate the sale of this spot cargo and future volumes.
“Qatargas sees the Southeast Asian LNG market as an increasingly important growing regional market where it intends to strengthen its business activities,” the company said.
To date, Qatargas has commissioned LNG terminals in Thailand and Singapore through delivering the first LNG cargoes to these markets. Furthermore, Qatargas has delivered several LNG cargoes to PTT of Thailand and looks forward to the commencement of long-term supplies to Thailand in 2015, it said.
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