RasGas has successfully loaded and delivered its 2,000th cargo of liquefied natural gas (LNG) to Korea Gas Corporation (Kogas).
The cargo was lifted by the Kogas vessel, “SK Summit”, which also carried the first cargo of LNG supplied by RasGas to Korea in August 1999.
“We are deeply proud of our long-standing partnership with Kogas, which has been maintained for more than two decades,” RasGas chief executive Hamad Mubarak al-Muhannadi said.
Highlighting that Kogas is not only RasGas’ largest long-term customer but it is also its foundation customer, he said, “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.”
“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,” according to Kogas chief executive Seung-Hoon.
In October 1995, RasGas signed its first-ever long-term sales and purchase agreement with Kogas. RasGas and Kogas have subsequently entered into two further long-term SPAs, and today RasGas delivers more than 9mn tonnes of LNG to Kogas annually.
“This 2,000th cargo delivery does underline the commitment of both our companies to provide customers with flexible, competitive and cleaner energy. Our relationship with Kogas has been mutually beneficial in this respect, but it has also ensured a sustainable energy supply for the people and the economy of Korea,” RasGas’ interim marketing and shipping officer, Ali Khalaf al-Kaabi said.
RasGas and Kogas officials celebrate the 2,000th cargo milestone.
