Posted on July 07, 2017

RasGas Company Limited (RasGas) celebrated the 500th liquefied natural gas (LNG) cargo delivery to its long term customer, Edison, under the Long Term Sales and Purchase Agreement (SPA) signed between Ras Laffan Liquefied Natural Gas Company (II) and Edison in November 2003, for deliveries of 4.6 million tonnes (or 6.4 billion standard cubic metres) of LNG per year.

RasGas’ LNG tanker, Al Areesh, delivered the cargo on 1st July, 2017 at the Adriatic LNG Terminal located in the northern Adriatic Sea, about 15 kilometres off the Veneto coastline in Italy. Commenting on this significant milestone, RasGas’ Chief Executive Officer, Hamad Mubarak Al Muhannadi, said: “We are very proud to have delivered the 500th LNG SPA cargo to our long-term partner and customer, Edison. This is a milestone delivery that underlines RasGas’ continued commitment to the safe and reliable supply of LNG to all of its customers worldwide.”

“The 500th LNG SPA cargo is further evidence of the excellent relationship and long term partnership between RasGas and Edison, which started more than fourteen years ago with the signing of the Long Term LNG Sales and Purchase Agreement and the construction of the offshore LNG receiving terminal,” said Marc Benayoun, Edison’s Chief Executive Officer.