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    Qatargas Delivers First LNG Cargo to Thailand Under Long Term Deal

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Summary

Qatargas has delivered first LNG cargo to Thailand’s PTT Plc under the long term deal signed between the two parties.

by: shardul

Posted in:

Asia/Oceania

Qatargas Delivers First LNG Cargo to Thailand Under Long Term Deal

Qatargas has delivered first LNG cargo of approximately 90,000 tons to Thailand’s PTT Plc under the long term deal signed between the two parties.

In 2012, PTT and Qatargas 3 inked a Sale and Purchase Agreement (SPA) under which the latter was to deliver two million tonnes per annum (MTA) of LNG for a period of 20 years beginning from 2015.  The agreement was PTT’s first long-term LNG SPA.

The cargo arrived at Thailand’s Map Ta Phut LNG receiving terminal aboard of a Q-FLEX LNG vessel Al Ghariya.

Qatargas hosted a ceremony on Thursday at Map Ta Phut LNG receiving terminal to mark the occasion.

In 2011, Qatargas delivered the first commissioning cargo to Map Ta Phut LNG receiving terminal. Since then, Qatargas has sold several spot cargoes to PTT.

The current capacity of Map Ta Phut LNG receiving terminal is five MTA and PTT has plans to increase this capacity to ten MTA.