RasGas Company Limited celebrated the 500th liquefied natural gas (LNG) cargo delivery to its long term customer, Edison, under the Long Term Sales and Purchase Agreement (SPA) signed between Ras Laffan Liquefied Natural Gas Company (II) and Edison in November 2003, for deliveries of 4.6 million tonnes (or 6.4 billion standard cubic metres) of LNG per year.
RasGas’ LNG tanker, Al Areesh, delivered the cargo on 1 July at the Adriatic LNG Terminal located in the northern Adriatic Sea, about 15 km off the Veneto coastline in Italy.
Commenting on this significant milestone, RasGas’ Chief Executive Officer, Hamad Mubarak Al Muhannadi, said:
We are very proud to have delivered the 500th LNG SPA cargo to our long-term partner and customer, Edison. This is a milestone delivery that underlines RasGas’ continued commitment to the safe and reliable supply of LNG to all its customers worldwide.’
Edison’s Chief Executive Officer Marc Benayoun said that the 500th LNG SPA cargo is further evidence of the excellent and long term partnership between RasGas and Edison, which started more than fourteen years ago with the signing of the Long Term LNG Sales and Purchase Agreement and the construction of the offshore LNG receiving terminal.
RasGas is a Qatari joint stock company established in 2001 by Qatar Petroleum and ExxonMobil. With operation facilities based in Ras Laffan Industrial City, its principal activities are to extract, process, liquefy, store and export LNG and its derivatives from Qatar’s North Field. It has a total LNG production capacity of approximately 37 million tonnes per annum.
For more information, visit their website at rasgas.com.