Qatargas, Shell Send Qatargas Cargo to India

(Press Release)
Monday, February 21, 2011

Qatargas and Shell announced that the first cargo of liquefied natural gas (LNG) from the Qatargas 4 Project (70% Petroleum, and 30% Shell) has loaded. The cargo is en route to Hazira receiving terminal in .

Qatargas, the company who pioneered the LNG Industry in , now has a production capacity of 42 mtpa of LNG, from its seven trains. This makes it the world’s largest LNG producer.

Commenting on this achievement, His Excellency Dr Mohammed Saleh Al Sada, Minister of Energy & Industry for the State of Qatar & Chairman of the Board of Qatargas said: “Qatargas adds to the energy diversity of Asia, Europe and . The company continues to demonstrate its commitment to assisting in the diversification and the long-term mix of the world’s energy supplies. I am delighted with the significant accomplishment of the first load-out from Qatargas 4 to , which has significant potential as a market for LNG.”

Qatargas’ CEO Khalid Al-Thani added that: “Qatargas now has long-term agreements to supply countries in all four corners of the world. Our continued commitment is to supply our customers’ energy needs safely and reliably over the years ahead. We are most thankful to His Excellency Dr. Mohammed Saleh Al Sada, Minister of Energy & Industry for the State of Qatar, whose guidance and direction has helped us achieve this remarkable milestone.”

“Qatargas 4 represents another step in Shell’s strategy of bringing natural gas, the cleanest-burning fossil fuel, to new and existing markets,” said Peter Voser, Chief Executive Officer of Royal Dutch Shell plc. “It also strengthens our position as the leading international oil company in the LNG industry. We look forward to working closely together over the years ahead to create value for the State of Qatar and Shell.”

Andy Brown, Shell’s Executive Vice President, said: “Qatargas 4 opened up new markets for Qatari LNG in and with agreements signed in 2008, and continues to look for further opportunities. It is therefore fitting that its first cargo should go to , a market with significant potential for LNG. We are committed to working with Qatar Petroleum and Qatargas in delivering LNG to markets that require stable and reliable energy supply.”

Qatargas operates the new Qatargas 4 project on behalf of its owners, Qatar Petroleum (70%) and Shell (30%).

The cargo sailed on the LNG carrier Al Ruwais, one of the new class of Q-Flex vessels owned by Qatar Gas Transport Company (Nakilat).

 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Coast Guard groundbreaking ceremony recogizes new support facility

Representatives from the 14th Coast Guard District, Coast Guard Base Honolulu and Mortenson Federal Contracting Group participated in a groundbreaking ceremony

Diamond Offshore Shares on the Rise

Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a better-than-expected quarterly profit as it cut drilling costs and hiked prices,

Offshore O&G: Cuts, Delays in Norway as Costs Soar

More oil and gas projects in Norway could be put on hold because of rising costs, adding to a growing list of developments that have been delayed or called off,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pod Propulsion Salvage Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1379 sec (7 req/sec)