Under the long-term Sale and Purchase Agreement, Qatargas delivered the first Q-Max cargo of Liquefied Natural Gas (LNG), (SPA) between the Qatar Liquefied Gas Company Limited – 3 (Qatargas 3) and PTT Public Company Limited to the Kingdom of Thailand’s Map Ta Phut LNG receiving terminal . The cargo arrived on board the Q-Max LNG vessel, Bu Samra, on 5th August.
This is the first Q-Max vessel to arrive Map Ta Phut terminal since the startup of the terminal in 2011, when Qatargas delivered the first commissioning cargo to Thailand’s first LNG receiving terminal Map Ta Phut. Since then, Qatargas has supplied PTT with approximately 9 million tons of LNG, delivering most of these cargoes via Q-Flex vessels.
Qatargas 3 and PTT Company Limited signed an SPA in December 2012, to deliver two million tonnes per annum (MTPA) of LNG for a period of 20 years beginning from 2015. This agreement marked PTT’s first long-term LNG SPA and Qatargas’ first long-term agreement in South-East Asia.
Presently, Map Ta Phut LNG Receiving Terminal is the only LNG receiving terminal operating in Thailand, and it can receive both Q-Flex and Q-Max vessels.
Qatargas views the Kingdom of Thailand as an evolving LNG market and recognizes its growth potential within South East Asia.
The Q-Max vessels can carry up to 266,000 cubic metres of LNG and are 80 percent larger than the conventional LNG vessels. Qatargas has a chartered fleet of 13 Q-Max vessels that transport LNG from Qatargas plants in Ras Laffan to markets around the globe.