Doha, September 12 (QNA) – Qatargas on Wednesday announced it will assist its Japanese customers by supplying over 20 million tons of LNG in the short term to help with the aftermath of the Great East Japan Earthquake. Qatargas has increased its support for Japan by 11 million tons from the original nine million tons of short-term supplies announced last fall. These volumes are in addition to the several new long-term LNG supply agreements reached between Qatargas and its Japanese customers over the last 12 months. This is a substantial commitment to the energy security of Japan and is evidence of the strong relationship Qatargas enjoys with its Japanese stakeholders.
“Being the world’s largest LNG producer, we are demonstrating one of our fundamental marketing principles that Qatargas sells LNG to where it is needed the most. As of now, Qatargas has delivered LNG to 21 countries, with planned sales to several more in future. As we aspire to be the World’s Premier LNG Company, we seek to maintain the highest standards of safety, reliability and integrity whilst offering our customers the required flexibility to meet their operational requirements,” Khalid bin Khalifa Al-Thani, Qatargas Chief Executive Officer, said announcing the agreement.
Qatargas has ongoing long-term commitments to deliver approximately 13 million tons per annum to term buyers in Japan and China. Established in 1984, Qatargas pioneered the LNG industry in Qatar. Today, the firm is the largest LNG producer in the world with a production capacity of 42 million tons per annum of LNG. (QNA)