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Qatargas Secures 60+ Additional LNG Cargoes to Japan

Source: www.gulfoilandgas.com 4/16/2011, Location: Middle East

Qatargas Operating Company Ltd. (“Qatargas”) has committed, thus far, to supply additional LNG volumes equivalent to sixty plus conventional LNG cargoes to Japan, demonstrating its commitment to support its long-term Japanese customers, the Japanese people and the Japanese economy.

Sixty conventional LNG cargoes represent approximately 4 million tonnes of LNG. In other words, this is enough energy to generate approximately 28 terrawatt-hours (TWh) of electricity, or enough to meet the average electricity consumption, of five million Japanese households for a year.

This commitment is announced after Qatargas’ Chief Executive Officer Khalid Bin Khalifa Al-Thani, returned from last week’s visit to Japan, where he led a Qatargas delegation to meet with senior officials from Japanese utility and gas companies.

Delivering upon the directive of support, given by His Excellency Dr. Mohammed Bin Saleh Al Sada, Minister of Energy and Industry for the State of Qatar, and Chairman of the Board of Directors of Qatargas. Qatargas CEO Khalid Bin Khalifa Al-Thani stated:
“Whilst I was in Japan I could see for myself the urgency to help so we need to move quickly. The ability to swiftly secure these supplies for Japan clearly shows that Qatargas is well placed to help Japan during its moment of need. The speed at which we have been able to secure additional supplies of LNG is a testament to our flexibility, our commitment to our long-term customers and the good working relationship we have with them. In turn we are providing Japan with a continuous source of secure and reliable energy. ”

Qatargas, the world’s largest LNG producer, has an excellent track record of delivering LNG both to Japan and globally through a secure and reliable means; thus demonstrating, the pioneering role of Qatar, as a flexible and reliable energy supplier.

Confirming Qatargas is working to meet Japan’s increased requirements for LNG Qatargas’s CEO added: “These additional cargoes of LNG will be supplied to a number of our long-term customers over the next 12 months. The first of these cargoes was discharged whist I was still in Japan and I anticipate further sales.”

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Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

Related Articles: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 


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