Qatargas delivers first-ever LNG shipment to Malaysia

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LNG-tankerQatar’s state-owned gas company Qatargas said on July 22 that it has sold its first ever cargo of Liquefied Natural Gas (LNG) to Malaysia.

The cargo was sold to Petronas LNG Ltd and will be delivered to Malaysia’s first LNG receiving terminal located in Melaka. The conventional sized cargo contains approximately 3.1 tonnes of LNG.

The deal marks another step in Qatar’s ambition to diversify its LNG exports to regions other than the traditional western markets. Qatargas has already delivered LNG to Thailand and Singapore in the recent past and looks forward to the commencement of long-term supplies to Thailand in 2015, it said.

Qatar’s Minister of Energy & Industry, Mohammed bin Saleh Al Sada, said that “we are pleased with this development as it marks Qatargas’s entry into a new and promising LNG market, helping meet the growing demand for energy in Malaysia and building a stronger relationship with Petronas.”

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 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.

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Reading Time: 1 minute

Qatar’s state-owned gas company Qatargas said on July 22 that it has sold its first ever cargo of Liquefied Natural Gas (LNG) to Malaysia.

Reading Time: 1 minute

LNG-tankerQatar’s state-owned gas company Qatargas said on July 22 that it has sold its first ever cargo of Liquefied Natural Gas (LNG) to Malaysia.

The cargo was sold to Petronas LNG Ltd and will be delivered to Malaysia’s first LNG receiving terminal located in Melaka. The conventional sized cargo contains approximately 3.1 tonnes of LNG.

The deal marks another step in Qatar’s ambition to diversify its LNG exports to regions other than the traditional western markets. Qatargas has already delivered LNG to Thailand and Singapore in the recent past and looks forward to the commencement of long-term supplies to Thailand in 2015, it said.

Qatar’s Minister of Energy & Industry, Mohammed bin Saleh Al Sada, said that “we are pleased with this development as it marks Qatargas’s entry into a new and promising LNG market, helping meet the growing demand for energy in Malaysia and building a stronger relationship with Petronas.”

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 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.

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