RasGas delivers first cargo to Petronet under the new SPA

Doha, Qatar - January 14, 2016RasGas Company Limited delivered the inaugural LNG cargo to Petronet LNG Limited under the new Sales and Purchase Agreement (SPA) signed on December 31, 2015 between Petronet and Ras Laffan Liquefied Natural Gas Company Limited (3). The LNG cargo was delivered to Dahej LNG Terminal in India on January 13, 2016 marking the commencement of the new one million ton per

  
RasGasrsquo; Al Thumama (Q-Flex) vessel safely delivers first cargo, at Dahej Terminal, to Petronet under the new SPA

RasGas’ Al Thumama (Q-Flex) vessel safely delivers first cargo, at Dahej Terminal, to Petronet under the new SPA

Doha, Qatar - January 14, 2016

RasGas Company Limited delivered the inaugural LNG cargo to Petronet LNG Limited under the new Sales and Purchase Agreement (SPA) signed on December 31, 2015 between Petronet and Ras Laffan Liquefied Natural Gas Company Limited (3). The LNG cargo was delivered to Dahej LNG Terminal in India on January 13, 2016 marking the commencement of the new one million ton per annum (MTA) SPA.

The new SPA together with the long term SPA between Petronet and RasGas signed in 1999 for 7.5 MTA raises the total annual long term commitment between the two companies to 8.5 MTA. RasGas has been supplying LNG reliably to India and Petronet, a key long term partner and customer of RasGas, since 2004.

The LNG cargo which was loaded aboard the Al Thumama (Q-Flex) vessel at Ras Laffan on January 8, 2016, was discharged safely and successfully at Dahej LNG Terminal on January 13, 2016. RasGas has delivered, to this date, nearly 81 MTA of LNG to India, to meet the country's growing demand for cleaner fuel and energy.

RasGas has established its global reputation as a safe and reliable supplier of LNG and is equipped with one of the most flexible LNG shipping fleets in the world including 27 long-term chartered vessels, comprising 14 conventional, 12 Q-Flex and one Q-Max vessels.

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About RasGas
RasGas Company Limited (RasGas) is a Qatari joint stock company established in 2001 by Qatar Petroleum and ExxonMobil RasGas Inc. RasGas acts as the operating company for and on behalf of the owners of the liquefied natural gas (LNG) projects RL, RL (II) and RL3 (Project Owners).  With operations facilities based in Ras Laffan Industrial City, Qatar, RasGas' principal activities are to extract, process, liquefy, store and export LNG and its derivatives from Qatar's North Field. RasGas, on behalf of the Project Owners, exports to countries across Asia, Europe and the Americas with a total LNG production capacity of approximately 37 million tonnes per annum.

For pipeline sales gas to the domestic market, RasGas also operates the Al Khaleej Gas Projects, AKG-1 and AKG-2 supplying approximately 2.0 billion standard cubic feet (Bscf) per day. RasGas is currently adding production capacity by managing the construction of the Barzan Gas Project which when fully operational, is expected to supply approximately 1.4 Bscf of additional sales gas per day to the Qatari market to meet growing demand for energy at power stations and downstream industries.

RasGas currently operates the Ras Laffan Helium Plant which was established in 2003 and came on stream in 2005. The plant extracts, purifies and liquefies helium from the North Field. The second helium plant entered production in June 2013 bringing the total liquid helium production capacity to 1.96 Bscf per year. www.rasgas.com

© Press Release 2016

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