Doha - Qatar, 21 July 2013:  Qatargas Operating Company Limited (Qatargas) announced today that it has sold Qatar's first ever cargo of Liquefied Natural Gas (LNG) to Malaysia. 

The cargo was sold to Petronas LNG Ltd (Petronas) of Malaysia and was loaded yesterday on-board 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 3.1 trillion Btu of LNG.

His Excellency Dr. Mohammed Bin Saleh Al-Sada, Minister of Energy & Industry and Chairman of the Board of Directors of Qatargas welcomed the cargo sale as "another milestone in Qatar's standing as a reliable international energy supplier." He said "we are pleased with this development as it marks Qatargas' entry into a new and promising LNG market, helping meet the growing demand for energy in Malaysia and building a stronger relationship with Petronas." 

"Qatari LNG continues to play a key role in supporting efforts by countries around the world to diversify their energy supplies using gas as an environmentally friendly source of energy," Dr. Al-Sada concluded.

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 South East Asian LNG market as an increasingly important growing regional market where it intends to strengthen its business activities.  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.

-Ends-

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 Bin 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 producing company 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' Ras Laffan Terminal Operations team operates all the oil products, Tank Farms and related Marine Terminals at Ras Laffan Industrial City in Qatar.  Ras Laffan is the largest LNG and oil products Export Terminal in the world.

For media enquiries please contact:
Nizar Ahmed,
Tel: +974 5552 3307
NAhmed@qatargas.com.qa

© Press Release 2013