RasGas delivers 500th LNG cargo to CPC in Taiwan

The two firms have a relationship dating back to 2005

Lng, RasGas, Taiwan, NEWS, Offshore, Market Watch

RasGas marked a significant milestone with its delivery of the 500th long-term LNG cargo to its long term customer CPC Corporation, Taiwan (CPC).

The 500th LNG cargo was loaded aboard CPC`s TaiwanQatar vessel at Ras Laffan port on March 5, 2016.

In 2011, RasGas and CPC signed a second long-term supply of LNG from RasGas which increased the annual long term sales to over five million tonnes per year to CPC and Taiwan.

In addition, RasGas has delivered 72 cargoes, approximately 4.4mn tonnes of LNG to CPC on spot basis since 2007 to date.

“As a long term LNG supplier to CPC, RasGas is pleased to achieve this major milestone with our long-standing partners,” Khalid Sultan R. Al Kuwari, chief marketing & shipping officer, RasGas, said in a statement.

“We have come a long way since signing our first ever SPA with CPC in 2005.”
 

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