Qatargas delivers first cargo to CNOOC’s Zhejiang LNG terminal

Qatargas has delivered the first LNG cargo to China National Oil Corporation’s (CNOOC) Zhejiang LNG Terminal. The cargo delivered by Qatargas’s Q-Max LNG vessel ZARGA will be used to commission the newly constructed LNG terminal. It is also the first Q-Max LNG Vessel, the largest class of LNG carriers in the world, to be delivered to one of CNOOC’s owned and operated terminals in China.

Khalid Bin Khalifa Al-Thani, Qatargas Chief Executive Officer said: “This is an important milestone for Qatargas. We are very pleased LNG from Qatar continues to contribute towards meeting the growing demand for energy in the People’s Republic of China. This achievement highlights Qatargas’s capability to supply LNG to customers around the globe safely and reliably. This delivery will further strengthen the relationship between both companies over the long-term.”

He continued: “Under the guidance of His Excellency Dr. Mohammed Saleh Al Sada, Minister of Energy & Industry of the State of Qatar and Chairman of the Board of Directors at Qatargas, Qatari LNG has a key role to play in contributing to countries around the world in improving their diversity of energy supplies."

In 20008, Qatargas and CNOOC signed a sales and purchase agreement for the supply of a total of 2 million tpa of LNG. The first delivery of LNG from Qatar to China with CNOOC was made in October 2009.

The Zhejiang LNG terminal, located in Ningbo in China's Zhejiang province, will have a first phase receiving capacity of 3 million tpa.

Adapted from press release by Callum O'Reilly

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