Qatargas has delivered its first spot liquefied natural gas (LNG) cargo to Japan’s newly established JERA, a joint venture between Chubu Electric Power Company and TEPCO Fuel and Power.
The delivery of cargo, on board Q-Flex LNG vessel ‘Al Ruwais’ to the Futtsu LNG Terminal in Tokyo Bay on May 13, comes under the newly executed master sales and purchase agreement between the two companies.
Chubu Electric Power Company and TEPCO Fuel and Power are Qatargas’ foundation buyers, with the first LNG cargo having arrived in Japan in 1997.
With JERA’s inception, Qatargas will deliver a total of nearly 7mn tonnes per annum of LNG under long-term supply contract to this new entity.
Japan continues to be the world’s largest importer of LNG. In 2015, Qatargas delivered a total of 14.6mn tonnes of LNG to the Asian country.
The latest LNG delivery represents Qatargas’ strong commitment to its Japanese partners and reinforces Qatargas’ position as the world’s premier LNG company with a commitment to providing safe and reliable supplies of LNG to every part of the globe.
Qatargas is the largest producer of LNG in the world with an annual production capacity of 42mn tonnes per annum from its world-class facilities in Ras Laffan Industrial City and since first production in 1996; it has successfully delivered cargos to 28 countries.