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    Qatar Sells First LNG Cargo to Jordan

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Summary

Qatargas on Wednesday said it has sold the first LNG cargo to Jordan on-board the Floating Storage and Regasification Unit (FSRU), Golar Eskimo, at Ras Laffan Port on 12th May 2015.

by: shardul

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Qatar Sells First LNG Cargo to Jordan

Qatargas on Wednesday said it sold the first LNG cargo to Jordan on-board the Floating Storage and Regasification Unit (FSRU), Golar Eskimo, at Ras Laffan Port on 12th May 2015. 

The conventional-sized cargo, which was sold Free-On-Board (FOB) to Royal Dutch Shell, arrived in Aqba, Jordan on 25th May 2015, where it will be permanently moored on the Red Sea coastline, Qatargas said.

“The most recent entrance of the Kingdom of Jordan into the LNG industry represents an important milestone for the Kingdom’s energy security and an increasing significance for the Middle East as an LNG market,” the Qatari firm stated.

Earlier this year, Royal Dutch Shell inked a deal to supply LNG to Jordan’s National Electric Power Company. As per the five year agreement, Shell will supply 150 million cubic feet of LNG per day. Jordan will pay $500 million per year for the fuel supply.

 

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