Greece Receives First LNG Shipment from Qatargas

Qatargas adds Greece to its customer portfolio, opening up another new market for Qatari LNG, from the State of Qatar. The cargo was sold to the QG customer Vitol, the Netherlands-based energy firm dealing in oil and gas products, for DEPA, the public gas supply corporation of Greece.

The Golar Maria, a conventional LNG vessel, carried 141,014 cubic meters of Qatari LNG and safely delivered to the Revithoussa LNG Terminal, situated on the Revithoussa Island in the Gulf of Megara, west of Athens.

Commenting on the first LNG shipment by Qatargas to Greece, Khalid Bin Khalifa Al-Thani, Chief Executive Officer of Qatargas, said, “We are pleased to supply LNG where it is needed most. Greece is the latest addition to our growing customer portfolio in Europe and we are happy that our LNG will keep the lights on in Athens. Under the guidance of His Excellency Dr. Mohammed Bin Saleh Al Sada, Minister of Energy and Industry and Chairman of Qatargas, the company is focused on meeting its commitments to all its customers across the globe.”

Europe is currently one of Qatargas’s largest customer markets accounting for approximately 45% and Qatargas continues to demonstrate its long-term commitment to the European market through making safe and reliable deliveries of LNG through European terminals.

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Source: Qatargas, May 24, 2011.