RasGas of Qatar said that the Ras Laffan Liquefied Natural Gas Company Ltd (3) (RL3), has delivered the first LNG cargo under the new long-term LNG sale and purchase agreement with Korea Gas (Kogas).
The agreement was signed and executed in February and is the third long-term SPA between the two companies.
Under the terms of this SPA, RL 3 will deliver 2 million tonnes of LNG per annum to Kogas for 20 years.
Hamad Rashid Al Mohannadi, RasGas Managing Director , said: “ The delivery of this first cargo under the recently executed long-term SPA with Kogas is both a momentous and happy occasion. RasGas is committed to the safe and reliable production and delivery of LNG to our customers worldwide. This latest and prompt delivery is a further demonstration of that .”
Khalid Sultan Al Kuwari, RasGas’ Marketing and Shipping Executive , said: “ Kogas is the foundation customer of RasGas LNG and this SPA demonstrates our unsurpassed commitment to the LNG industry and our long-term LNG customers in meeting their growing LNG and broader energy demand .”
[mappress] LNG World News Staff, March 13, 2012; Image: Nakilat