First Q-Max LNG cargo delivered by Qatargas

lng-carrierQatargas delivered its first Q-Max Liquefied Natural Gas (LNG) cargo to PetroChina from the Qatargas 4 partnership between Qatar Petroleum and Shell.

Delivered onboard the Q-Max vessel, Bu Samra, this is the first Qatari LNG Q-Max cargo delivered to PetroChina's recently commissioned LNG receiving terminal at Rudong, Jiangsu Province.

Under the long-term contract to supply PetroChina will receive a total of 3mn tonnes per annum and is expected to continue for up to 25 years.

Khalid Bin Khalifa Al Thani, Chief Executive Officer of Qatargas, noted: "The first Q-Max LNG cargo delivered to PetroChina's LNG terminal, is a significant milestone meeting the growing demand for energy in China and we at Qatargas are very proud to have played this contributing role."

Andy Brown, Shell's Executive Vice President and Director of Qatargas 4 said: "The delivery of the first cargo to PetroChina under this major long term supply arrangement is a momentous landmark for the project. Shell, the largest LNG player amongst the international oil and gas companies, is proud to have facilitated the supply of LNG between Qatar, as the largest LNG producer in the world and China with its large, burgeoning gas market. These agreements should be of tremendous benefit to both countries."

Qatargas' Q-Max LNG carrier is a sea-going vessel capable of delivering up to 266,000 cubic metres of LNG onboard (compared to a conventional carriers with capacity of 135,000-177,000 cubic metres).These are the largest LNG carriers in the world. Qatargas today charters 13 Q-Max vessels in its fleet.

The first long-term contract to supply LNG from Qatar to China was signed on 10 April 2008 between Qatar Liquefied Gas Company (Qatargas 4) and Shell Western LNG B.V. Qatargas 4 is a partnership between Qatar Petroleum (70 per cent) and Shell (30 per cent).

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