Qatargas Delivers Cargo to Tangshan Caofeidian LNG Terminal
OREANDA-NEWS. December 02, 2013. Qatargas delivered the first cargo of Liquefied Natural Gas (LNG) to China National Petroleum Corporation's (PetroChina) Tangshan Caofeidian LNG terminal located in the Hebei province. The cargo was delivered onboard the Q-Flex class LNG vessel Al-Gharrafa and it will be used to commission the third LNG terminal owned and operated by PetroChina in the People's Republic of China.
Khalid Bin Khalifa Al-Thani, Qatargas Chief Executive Officer said:
"This is an important milestone for Qatargas. We are very pleased that LNG from Qatar continues to contribute towards meeting the growing demand for energy in the People's Republic of China. This achievement highlights Qatargas' 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 further stated that:
"Under the guidance of His Excellency Dr. Mohammed Saleh Al Sada, Minister of Energy and 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. The commissioning of PetroChina's Tangshan Caofeidian LNG terminal will help meet the growing demand for energy in the People's Republic of China, and we at Qatargas are very proud to have played a contributing role."
Qatargas is the world's largest LNG producing company with a production capacity of 42 MTA. The State of Qatar, as the world's leading LNG producer, anticipates that the People's Republic of China will become one of the world's largest gas markets.
The Tangshan Caofeidian LNG terminal, located in China's Hebei province, will have the first phase receiving capacity of 3.5 MTA adding to PetroChina's operating LNG terminals in Jiangsu and Liaoning provinces thus maintaining its position as the second largest LNG importer into China.