Rich Liquefied Natural Gas (LNG)
Natural gas is increasingly becoming the fuel of choice for customers around the world due to its clean-burning and lower emission qualities. Liquefied Natural Gas (LNG) is a way of delivering natural gas to all corners of the globe, safely and reliably. Currently Qatargas 1 supplies LNG under long term contracts to customers in Japan and Spain. Qatargas 2, Qatargas 3 and Qatargas 4 will be supplying markets in Europe, the United States (USA) and United Kingdom starting in 2008.
Our customers in Japan were our foundation customers for the development of the original Qatargas trains. We currently supply eight companies in Japan. The majority of these are power and gas utility companies which supply gas and electricity to wholesale users in the Japanese market.
In addition, in recent times we have supplied spot cargoes to Spain, Japan, USA, France, Italy and Turkey.
By 2010 we will be exporting 42 million tones per annum of LNG to customers around the world.