DOHA: Qatargas sold its first cargo of liquefied natural gas (LNG) to Pakistan State Oil Company Ltd (PSO). The LNG cargo was sold on a free-on-board basis and loaded at Ras Laffan Port on to the LNG vessel Excelerate Exquiste on March 21.
The cargo was secured to commission the Excelerate Exquiste, which will become the Floating Storage and Regasification Unit, when it is moored in Port Qassim, Pakistan as part of the Elengy LNG terminal which is the first Pakistan LNG import terminal.
This is the first LNG agreement between Qatar and Pakistan.
The delivery of LNG to PSO is important milestone for Qatargas as it continues to play a key role in the Middle East and positions itself as a world leader in the supply of energy to global and new markets.
Qatargas is committed to reliably supplying more countries with a clean, safe and highly efficient source of energy. Both parties, Qatargas and PSO are in discussions for a longer term sales and purchase agreement.
One of the key strengths of Qatargas has been the development of considerable expertise in supporting the commissioning of new LNG receiving terminals globally. To date the Company has helped commission 14 LNG terminals across the Americas, Europe and Asia. The Peninsula
