QP and partners celebrate South Hook LNG Terminal 10th anniversary
Qatar Petroleum (QP), the country’s hydrocarbon bellwether, and partners have celebrated the 10th anniversary of South Hook LNG Terminal, which has the capacity to provide up to 20% of the UK’s natural gas needs.
Addressing a special event in London, HE Minister of State for Energy Affairs as well as QP president and chief executive, Saad bin Sherida al-Kaabi hailed the historic relations between Qatar and the UK and stressed the importance of the UK market to Qatar’s liquefied natural gas.
“The UK is a very important market for Qatari LNG, as it offers a friendly and attractive business environment, and a stable regulatory framework. This is driven by the long and historic relations that tie our two countries and people, on many levels and across all walks of life,” he said in the presence of Yousef Ali al-Khater, Qatar’s envoy to the UK, and senior executives from QP, Qatargas, ExxonMobil and Total.
Highlighting the importance of South Hook as an important tool for local development; al-Kaabi said as QP and its partners made significant investments to develop the import and regasification facilities in South Hook, the terminal itself became a provider of stable local jobs, and a supporter of local communities, businesses and services.
“South Hook Terminal is a strategic investment that supports the security of energy supplies to one of the world’s most dynamic and vibrant economies,” he said, thanking QP’s partners ExxonMobil and Total as well as the Welsh authorities and senior officials in the UK for their continuous support.
The minister also thanked Qatargas for the safe and reliable supply of LNG and Nakilat for managing the shipping.
Located on the Pembrokeshire coast near Milford Haven in Wales, the South Hook LNG terminal became commercially operational in March 2009 with the arrival of its commissioning cargo on board the QFlex class LNG carrier “Tembek.”
HE al-Kaabi highlighting the importance of the UK LNG market at a special event in London to celebrate the 10th anniversary of South Hook terminal.