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Tribune News Network
Doha
Qatargas has delivered its first LNG cargo to Bangladesh's state oil firm Petrobangla as part of a long-term sale and purchase agreement (SPA), Qatar Petroleum announced in a statement on Wednesday.
The 138,000m3 commissioning cargo was loaded at Ras Laffan aboard the Excelerate Excellence before making the journey to Moheshkhali Island in Bangladesh, the statement said.
Saad Sherida al Kaabi, President and CEO of Qatar Petroleum, and Chairman of Qatargas Board of Directors, said,"We are delighted to expand our Asian customer base with Bangladesh as our long-term customer.
"The successful delivery of our first LNG to Petrobangla highlights Qatar's continued leadership in bringing clean and reliable LNG to new markets and new customers."
The first commercial cargo will be delivered following the successful completion of commissioning and will mark the first long-term agreement to be delivered though ship-to-ship transfer in open water, the statement added.
Earlier, in September 2017, Qatargas signed a landmark long-term SPA to supply up to 2.5 million tonnes of LNG per annum to Petrobangla for 15 years.
The first LNG delivery to Petrobangla reinforces Qatargas' continued commitment to ensuring energy security to its customers in Asia, as well as its position as a reliable supplier of LNG, a cleaner, more efficient source of energy, the statement added.
