RasGas achieves milestone with 500th LNG cargo delivery to CPC Taiwan

RasGas achieves milestone with 500th LNG cargo delivery to CPC Taiwan

Doha: RasGas Company Limited (RasGas) achieved a milestone with its delivery of 500th long-term

liquefied natural gas (LNG) cargo to CPC Corporation in Taiwan.

The 500th LNG cargo was loaded aboard CPC’s Taitar (TaiwanQatar) No. 4 vessel at Ras Laffan port

under the long-term sales and purchase agreement (SPA) between CPC Corporation Taiwan and Ras

Laffan Liquefied Natural Gas Company Limited (II), RasGas said in a press release.

“As a long term LNG supplier to CPC, RasGas is pleased to achieve this major milestone with our long-

standing partners,” said RasGas Chief Marketing and Shipping Officer Khalid Sultan Al Kuwari. “We have

come a long way since signing our first ever SPA with CPC in 2005.

Last year, we extended the partnership to joint corporate social responsibility (CSR) activities with CPC

through the ‘Energising Education’ initiative. We look forward to continuing to grow our relationship

with CPC and the people of Taiwan even further.”

In 2011, Ras Laffan Liquefied Natural Gas Company Limited (3) and (CPC) signed a second long-term

supply of LNG from RasGas which increased the annual long term sales to over five million tons per year

to CPC and Taiwan. In addition, RasGas has delivered 72 cargoes, approximately 4.4 million tons of LNG

to CPC on spot basis since 2007 to date.

RasGas is a Qatari joint stock company established in 2001 by Qatar Petroleum and ExxonMobil RasGas

Inc. It acts as the operating company for and on behalf of the owners of the LNG projects RL, RL (II) and

RL3 (project owners).

https://www.gdnonline.com/Details/72042/RasGas-achieves-milestone-with-500th-LNG-cargo-delivery-to-CPC-Taiwan