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RasGas delivers milestone LNG cargo

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Hydrocarbon Engineering,

RasGas Company Ltd has announced that it recently delivered its 2000th cargo of LNG to Korea Gas Corp. (Kogas).

The cargo was lifted by the SK Summit, which also carried the first cargo of LNG supplied by RasGas to South Korea in August 1999.

RasGas Chief Executive Officer, Hamad Mubarak Al Muhannadi, said: “We are deeply proud of our long-standing partnership with Kogas, which has been maintained for more than two decades. Kogas is not only RasGas’ largest long-term customer, it is also our foundation customer, and we are honoured by the trust they have placed in RasGas over the years to safely and reliably deliver LNG to meet Korea’s energy needs from Qatar.”

Kogas CEO, Seung-Hoon, added: "I would like to congratulate on this memorial event of 2000th cargo shipment and thank the colleagues of RasGas for their contributions to the uninterrupted services in the course of delivery of LNG from Qatar to Korea.

“Over the last few decades, RasGas and KOGAS have been proving the power of harmonious partnership between seller and buyer. I strongly believe that the partnership brought us this achievement today."

RasGas signed its first-ever long-term sales and purchase agreement (SPA) with Kogas in October 1995. The two companies have subsequently entered into two further long-term SPAs, and today RasGas delivers more than 9 million tpy of LNG to Kogas.

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