Last month, RWE Supply & Trading received its first Qatari Liquefied Natural Gas(LNG)-shipment under the mid-term contract signed last year.

The shipment was made on the Q-Flex LNG vessel 'Al Karaana', and safely delivered to the GATE terminal in Rotterdam. The vessel, which has a length of 315 meters, was loaded at Ras Laffan Port in Qatar and took approximately three weeks for the voyage to the Netherlands. The discharge of the cargo was completed in 16 hours.

‘We are delighted to have received our first cargo under this contract. Qatargas continue to be an important partner for us regarding current and future business. This contract with them is also a key element in our supply portfolio and underpins our growth strategy in LNG’ says Andree Stracke, Chief Commercial Officer (Origination & Gas Supply) at RWE Supply & Trading GmbH.

RWE Supply & Trading and Qatargas, the World’s Premier LNG Company, announced a flexible Sale and Purchase Agreement (SPA) in 2016. Qatargas will deliver up to 1.1 million tonnes of LNG per annum to RWEST in North West Europe for seven and a half years.

About RWE

With its operating business fields of Conventional Power Generation and Energy Trading, RWE AG is indispensable to the proper functioning of the energy system and for security of supply in Europe. Our third pillar is our majority shareholding in RWE International SE (innogy).

RWE Generation is currently one of the leading power generation companies in Europe and is a top performer and centre of competence for conventional power generation within the RWE Group. The company currently has a power generation capacity of over 40,000 Megawatt and a workforce of around 14,000 people at 79 locations. In Germany alone, its power plants currently provide one third of supply. RWE Generation is working to ensure that power is generated in an even more environmentally friendly way in the future, that it continues to be reliably available and remains affordable. The company is proud to work on this important future task. We feel strongly committed to the people in the regions in which we are active.

RWE Supply & Trading is a leading European energy trading house and an active player on the global wholesale markets for energy and energy-related raw materials in both their physical and/or derivative forms. This includes power, gas, coal, freight, oil, weather derivatives, biomass, emissions certificates and renewable energies. We are responsible for the economic optimisation of power generation and the entire non-regulated gas business of RWE. Large industrial companies and trading partners are offered long-term delivery concepts by RWE Supply & Trading next to trading-based portfolio and risk management solutions.

About Qatargas

Qatargas is the world’s largest LNG producing company with a production capacity of 42 MTA. The State of Qatar, as the world’s leading LNG producer, anticipates that the People’s Republic of China will become one of the world’s largest gas markets.