Marine Link
Wednesday, April 24, 2024
SUBSCRIBE

Khalid Bin Khalifa Al Thani News

30 Sep 2021

Qatar Strikes Long-Term LNG Supply Deal with China's CNOOC

Credit: Qatar Petroleum

Qatar Petroleum has signed a long-term LNG sales deal with China's CNOOC Gas and Power Trading & Marketing Limited, a subsidiary of China National Offshore Oil Corporation (CNOOC).QP will supply of 3.5 million tons per annum (MTPA) of LNG to CNOOC over a 15-year period starting January 2022.The SPA was signed during a virtual ceremony by Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, and Wang Dongjin, the Chairman of CNOOC.Al-Kaabi said…

11 Feb 2020

Shell, Qatargas Sign LNG Deal for Kuwait

The world’s largest liquefied natural gas (LNG) producer Qatargas has signed a new, long-term LNG sale and purchase agreement (SPA) with Shell to deliver 1 million tons per annum of LNG to Kuwait, commencing this year.Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs said, “We are pleased to announce this new long term agreement between Qatargas and Shell for the supply of LNG to the State of Kuwait, following the recent agreement signed between Qatar Petroleum and Kuwait Petroleum Corporation. These agreements demonstrate our commitment to the State of Kuwait, which is a very important LNG market and is part of our strive to be the LNG supplier of choice for our customers."Al-Kaabi said: "I would like to take this opportunity to thank our valued partner…

30 Jul 2019

Qatargas Delivers LNG Cargo to Belgium

Qatargas Operating Company Limited delivered the first cargo of Liquefied Natural Gas (LNG) on a Q-Max vessel to Zeebrugge LNG Terminal in Belgium, marking the first discharge of a Q-Max LNG vessel at this terminal.The world's largest liquefied natural gas company announced in a media release that the cargo, which was loaded at the Ras Laffan terminal in Qatar on 22nd June 2019, arrived on board the Q-Max vessel, 'Al Dafna' on 22nd July 2019.The delivery also celebrates yet another multi-terminal delivery for Qatargas bringing the total number of multi-port deliveries undertaken by the Company in 2019 to eight deliveries, it said."This operation saw the first LNG parcel discharged in Zeebrugge and a second parcel at the South Hook LNG terminal in the United Kingdom…

23 Jul 2019

Qatargas Delivers First Q-Flex LNG Cargo

The world’s largest liquefied natural gas (LNG) producer Qatargas Operating Company Limited (Qatargas) has delivered the first LNG cargo onboard a Q-Flex vessel to Greece’s Revithoussa LNG terminal.Doha-based global energy operator said in a press release that  this is for the first time that a Q-Flex LNG vessel has called at the terminal ever since it underwent an expansion drive late last year.The cargo, which was loaded at the Ras Laffan Terminal in Qatar on 3rd July 2019, arrived at the Revithoussa Terminal on board the Q-Flex vessel, 'Al Gharrafa', on 20th July 2019.The Q-Flex cargo is part of yet another multi-port delivery executed by Qatargas.

16 Jul 2019

Qatar Ships 3,000th LNG Cargo To Japan

Qatari liquefied natural gas (LNG) company Qatargas has set another milestone as it successfully delivered the 3,000th LNG cargo to Japan.The cargo was transported onboard Al Jasra, a conventional LNG vessel with a capacity of 135,000 cubic meters. The cargo was delivered to the Kawagoe LNG Receiving Terminal, owned and operated by JERA. The first ever Qatari shipment was delivered to Kawagoe LNG Receiving Terminal on 10th January 1997.Commenting on this achievement, Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, President & CEO of Qatar Petroleum, and Chairman of Qatargas Board of Directors, said: “We are delighted to celebrate the 3000th LNG delivery to Japan. This significant milestone comes over two decades following the first delivery to our foundation customer in Japan.

23 Jun 2019

First LNG Cargo Aboard Q-Flex Carrier in Turkey

Qatargas, the world's largest liquefied natural gas company, has announced the safe delivery of the largest single cargo of liquefied natural gas (LNG) to the Marmara LNG Terminal in Turkey.The super-chilled LNG was delivered on board the Q-Flex vessel ‘Al Sheehaniya’, which enters the record books as the first ever Q-Flex vessel to call at the recently expanded Marmara LNG Terminal.A press release from the Qatar-based global energy operator quoted Khalid bin Khalifa Al Thani, Chief Executive Officer, Qatargas as sayig: “The recent expansion of Marmara LNG Terminal allows Qatargas to send the world's largest LNG vessels to yet another LNG terminal in Turkey.""With 14 LNG trains and a total annual production capacity of 77 million tonnes…

12 Feb 2019

LNG Demand to Reach 600 MT in 2035

The energy demand would continue to grow driven by emerging economies and the projected growth in global population, which will touch nine billion by 2040.LNG demand is expected to increase at an average four per cent annually to reach more than 600 million tonnes in 2035 versus 290 million tonnes in 2017, said Qatargas CEO, Khalid bin Khalifa Al Thani.Khalid said, “Natural gas remains the fastest growing fossil fuel globally, benefiting from its flexibility, competitive economics, and low emissions profile. Thus, natural gas is called to play a major role in the energy transition, supported by the industrialisation and power demand particularly in emerging countries in Asia and Africa…

10 Sep 2018

Qatargas, PetroChina Sign 22-Years LNG Supply Deal

Qatargas, the world’s largest LNG producer,  has announced a long-term Sale and Purchase Agreement (SPA) with PetroChina International Company Limited, a unit of PetroChina Company Limited (PetroChina), to supply China with around 3.4 million tonnes of liquefied natural gas (LNG) per annum.Under the 22-year SPA, which ends in 2040, Qatargas will supply LNG from the Qatargas 2 project, a joint venture between Qatar Petroleum, ExxonMobil and Total, to different receiving terminals across China, with the first cargo to be delivered to the People's Republic of China later this month.Commenting on this landmark agreement, Saad Sherida Al-Kaabi…

02 Apr 2018

Qatargas, EGAT Exploring LNG Collaboration

Qatargas Operating Company Limited (Qatargas) and the Electricity Generating Authority of Thailand (EGAT) announced the signing of a Memorandum of Understanding (MoU) to explore collaborative efforts in the LNG business. Under the terms of the MoU, the parties will jointly identify and evaluate best practices in the LNG industry, particularly in the sharing of knowledge and expertise inprocurement of LNG, LNG transportation, and floating storage and regasification units (FSRU). In addition, the MoU includes a scope for the possible supply of LNG to the Kingdom of Thailand. Khalid Bin Khalifa Al-Thani, Chief Executive Officer, Qatargas, said: “As a unique global energy operator in terms of size, service and reliability, Qatargasis very pleased to announce this MoUwith EGAT.

04 Jan 2018

Qatargas-RasGas Merger

The integration of RasGas with Qatargas will enable the world’s largest LNG exporter to save QR2bn ($550 million) a year, Qatar Petroleum (QP), the state-owned energy giant, announced. Saad Sherida Al-Kaabi, President & CEO of Qatar Petroleum made the announcement in a press conference held at QP headquarters in the presence of representatives of ExxonMobil, Total, ConocoPhillips, and Shell - the main international shareholders in both companies. Al-Kaabi said “Our aim was to integrate the two companies’ resources and capabilities to create a truly unique global energy operator in terms of size, service and reliability. We also aimed to create higher value for our stakeholders, and enhance the competitive position of the Qatari gas industry.

25 Dec 2016

Qatargas starts operations at Laffan Refinery 2

Qatargas, the world's largest LNG producer, announced the commercial start-up of Laffan Refinery 2, marking a major milestone in the expansion of refining capacity in the State of Qatar. The project will refine 146,000 barrels per day of condensate from the North Field, the largest non-associated natural gas reserve in the world. Laffan Refinery 2 produces low Sulfur Euro-V specifications products such as Naphtha, Jet-A1, Ultra low Sulfur Diesel (ULSD), Propane and Butane for local and international markets. Alongside Laffan Refinery 1, this new facility is strategically important due to its role in diversifying Qatar’s energy mix, which will double the existing production capacity. Mr.

02 Jul 2016

Qatargas, RWE Ink SPA Deal for LNG Deliveries

Qatargas, the World’s Premier LNG Company, today announced a flexible Sale and Purchase Agreement (SPA) with RWE Supply Trading (RWEST), a leading European electricity and gas company. Qatargas will deliver up to 1.1 million tonnes of Liquefied Natural Gas (LNG) per annum to RWEST in North West Europe for seven and a half years. Saad Sherida Al-Kaabi, Qatar Petroleum President and Chief Executive Officer and Chairman of Qatargas Board of Directors, said: “Qatargas is committed to providing reliable, clean energy to consumers all over the world. This new milestone underscores our commitment to building new partnerships with leading global companies.

18 Apr 2016

UASC, Qatargas and Shell Join to Push LNG as Marine Fuel

Qatargas, United Arab Shipping Company (UASC) and Shell signed a Memorandum of Understanding (MoU) to explore the development of LNG as a marine fuel in the Middle East region. This is the second such agreement signed by Qatargas and Shell in as many months and establishes another core partnership within the shipping industry. The MoU was signed by Qatargas chief executive Khalid bin Khalifa al-Thani, UASC chief executive Jorn Hinge and Qatar Shell Companies managing director and chairman Michiel Kool. The partners will continue to work diligently to develop and supply LNG as marine fuel for the merchant fleet before the end of the current decade.

07 Apr 2016

Qatargas in 4-Year Deal to Supply LNG to Kuwait

Qatargas and Kuwait Petroleum Corporation (KPC) have signed a deal to supply half a million tonnes of liquefied natural gas (LNG) to Kuwait over the next four years, according to a report. The LNG will be sourced from Qatargas 2, a joint venture among Qatar Petroleum, ExxonMobil and Total which started production in 2009, and will be delivered onboard Q-Flex LNG Vessels, chartered by Qatargas, to KPC’s Mina al-Ahmadi LNG receiving terminal in Kuwait. Qatargas has supplied Kuwait with most of its LNG requirements for the last five years, through direct sales to KPC and through third parties that have deals with Qatargas and with KPC. Elsewhere in the Middle East, Qatargas has supplied LNG to Dubai since 2008 and delivered a commissioning cargo to Jordan in May last year.

23 Feb 2016

Qatargas, Maersk, Shell in LNG Marine Fuel Partnership

Three heavy weights have come together in the Middle East to promote LNG as marine fuel in the region - Qatargas, the Maersk Group and Royal Dutch Shell Plc signing a memorandum of understanding to explore future opportunities. All three have pledged to look at ways to develop new markets for using LNG as propulsion fuel. The MOU envisages Qatargas 4, a joint venture between Qatar Petroleum and Shell, to begin supplying Maersk’s merchant fleet with LNG fuel “before the end of the current decade”, Qatargas, the world’s largest LNG producer, said in a statement. “The MoU envisages LNG supplies for this pioneering initiative to be made available from Qatargas 4…

28 Oct 2014

Qatargas Sells First LNG Cargo to JOVO

Qatargas sold its first cargo of liquefied natural gas (LNG) to Jovo LNG Storage and Transportation Co., Ltd. (“JOVO”), an independent LNG importer from the People’s Republic of China. The 64,000 cubic meter cargo was sold on a free-on-board basis and loaded on to the vessel LNG Lerici at Ras Laffan port on 22 October pursuant to the FOB Master Sale and Purchase Agreement signed by the parties earlier this summer. The cargo will be delivered to JOVO’s LNG terminal located in Lisha Island, Dongguan in the Guangdong province. This represents the first deal of its kind concluded by Qatargas with an independent and privately owned LNG importer in the People’s Republic of China where until today Qatargas has only supplied LNG to Chinese state-owned national oil and gas companies.

12 Apr 2011

Qatargas Ready to Meet Rise in Japan LNG Requirements

According to a report from Gulf Times, Qatargas is willing to extend support to Japanese LNG buyers and people after the massive earthquake and tsunami, Qatargas CEO Sheikh Khalid bin Khalifa al-Thani said. Sheikh Khalid recently met LNG buyers from Japan, which is Qatar’s first customer.    (Source: Gulf Times)

23 Sep 2013

Qatargas Signs 5-year UK LNG Supply Contract

LNG SPA signing: Photo credit Qatargas

Qatar Liquefied Gas Company Limited (Qatargas) and Petronas LNG (UK) Limited  have signed a 5-year Sales and Purchase Agreement (SPA) for shipment of an annual LNG volume of 1.14 million tones, to the UK, effective January 2014. The LNG will be supplied from Qatargas 4 (Train 7), a joint venture between Qatar Petroleum and Shell which started production in January 2011, and will be delivered on board Q-Flex LNG Vessels to Petronas’ Dragon LNG Terminal located in Milford Haven, United Kingdom. His Excellency Dr.