Qatargas delivered the first Q-Max cargo of Liquefied Natural Gas (LNG) under the long-term Sale and Purchase Agreement (SPA) between 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 at 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.
In December 2012, Qatargas 3 and PTT Company Limited signed an SPA to deliver two million tonnes per annum (MTPA) of LNG for a period of 20 years from 2015. This agreement marked PTT’s first long-term LNG SPA and Qatargas’ first long-term agreement in South-East Asia.
Currently, 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 sees the Kingdom of Thailand as an evolving LNG market and recognises its growth potential within South East Asia.
Q-Max vessels can carry up to 266,000 cubic metres of LNG and are 80% 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.