Doha, Qatar, 22 May 2011: Qatargas adds Greece to its customer portfolio, opening up another new market for Qatari LNG, from the State of Qatar.
The cargo was sold to the QG customer Vitol, the Netherlands-based energy firm dealing in oil and gas products, for DEPA, the public gas supply corporation of Greece. The Golar Maria, a conventional LNG vessel, carried 141,014 cubic meters of Qatari LNG and safely delivered to the Revithoussa LNG Terminal, situated on the Revithoussa Island in the Gulf of Megara, west of Athens.
Commenting on the first LNG shipment by Qatargas to Greece, Khalid Bin Khalifa Al-Thani, Chief Executive Officer of Qatargas, said:
"We are pleased to supply LNG where it is needed most. Greece is the latest addition to our growing customer portfolio in Europe and we are happy that our LNG will keep the lights on in Athens. Under the guidance of His Excellency Dr. Mohammed Bin Saleh Al Sada, Minister of Energey and Industry and Chairman of Qatargas, the company is focused on meeting its commitments to all its customers across the globe"
Europe is currently one of Qatargas's largest customer markets accounting for approximately 45 per cent and Qatargas continues to demonstrate its long-term commitment to the European market through making safe and reliable deliveries of LNG through European terminals.
Revithoussa LNG Terminal is situated in the Gulf of Megara (Kolpos Megaron) on Revithoussa Island (Nisos Revithoussa) and is some 10 nautical miles west of Piraeus. The terminal is owned by the DESFA S.A.
On an operational front , due to Revithoussa's small Regas terminal capacity, the Golar Maria size was found well suited to optimally double discharge expected quantities keeping BOG ( Boil off gas ) as fuel consumption to a minimum between parcels.
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About Qatargas:
Qatargas was established in 1984, and pioneered the liquefied natural gas (LNG) industry in Qatar.
Today, Qatargas, under the guidance of His Excellency Dr. Mohammed Saleh Al Sada, Minister of Energy & Industry of the State of Qatar and Chairman of the Board of Directors at Qatargas, is the largest LNG producer in the world, with an annual LNG production capacity of 42 million tonnes per annum (MTA) and is realising its vision to deliver LNG to its customers around the globe, from its world-class facilities in Qatar.
Qatargas has seven LNG trains, of which four are the largest in the world - known as mega trains - each with a production capacity of 7.8 mtpa.
The Qatargas vision is, by 2015 to be the world's premier LNG Company, known for its people, innovation, operating excellence, environmental responsibility and corporate citizenship.
Since the establishment of Qatargas 1, it has completed a successful expansion program that has included the development of Qatargas 2; Qatargas 3 and Qatargas 4 projects; Laffan Refinery, a dedicated fleet of ships, and an LNG Receiving Terminal. Qatargas operates these trains and the offshore as well as the Laffan Refinery, the Common Sulphur facilities, the Common Lean LNG (CLLNG), the Common LPG (CLPG) and the Common Condensate Storage & Loading (CCSL) projects on behalf of all project owners.
Qatargas is proud to be the major contributor to the realisation of the vision of His Highness the Emir Sheikh Hamad Bin Khalifa Al Thani, for the State of Qatar, to be the largest LNG producer in the world, with a combined production capacity of 77 million tonnes, per annum by the end of 2010. This achievement was celebrated in December 2010.
Today, Qatargas' customers are spread throughout the four corners of the world in European, Asian and North American markets including Japan, Spain, France, the United Kingdom, Canada, Mexico, the United States and China.
For All Media Enquiries Contact:
Lynda James, lyjames@qatargas.com.qa Ph +974 7996635
Thajudeen Aliar, taliar@qatargas.com.qa, Tel +974 3406474
© Press Release 2011
