DOHA: RasGas Company Limited (RasGas), Qatar's major liquefied natural gas (LNG) supplier, yesterday announced the sale of an LNG cargo to Petrobras, the biggest company in Brazil and a powerful player in global energy markets marking the first shipment of Qatari LNG to Brazil.
"The South American market for LNG is growing," said Khalid Sultan Al Kuwari, RasGas Marketing Executive in a news release. "RasGas' increasing presence there demonstrates our determination to extend the global reach of Qatari LNG and to maintain the flexibility, reliability and safety that characterises the company's operations. We're delighted to supply LNG on a spot basis to this new market and we look forward to the possibility of continuing our relationship with Petrobras in the future."
The LNG cargo was loaded on to the Express, Petrobras' short-term chartered LNG vessel at Ras Laffan Port bound for either Pecem LNG Terminal in the north-eastern state of Ceara or Guanabara Bay LNG Terminal in Rio de Janeiro.
Since its creation in 1993, RasGas has developed a portfolio of customers in Asia, Europe and North America. Today, as the company makes spot sales of LNG to customers in South America, its global reach continues to grow.
RasGas operates its own fleet of long-term chartered LNG tankers, so its integrated value chain stretches from the North Field, thousands of feet below the seabed off the north-east coast of Qatar, to its customers' LNG-receiving and regasification terminals.
In supplying clean-burning LNG to the world, RasGas is helping to realise Qatar's vision for a cleaner future in which the world's growing energy needs are met and the growth of greenhouse gas emissions is mitigated.
© The Peninsula 2010
