Qatarenergy Expands LNG Fleet With Long-Term Contracts For New Vessels
Date
12/13/2024 6:09:32 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, December 13. QatarEnergy has
selected a joint venture between Japan's Mitsui O.S.K Lines Ltd.
(MOL) and China's COSCO shipping LNG investment (CSLNG) to own and
operate six QC-Max size LNG vessels, Trend reports.
The vessels will be constructed by Hudong-Zhonghua Shipbuilding
Group, a subsidiary of China State Shipbuilding Corporation (CSSC),
in China.
This deal marks the final batch in QatarEnergy's ambitious
shipbuilding program, which includes a total of 128 LNG vessels-104
conventional and 24 QC-Max ultra-modern ships. The long-term
contracts were awarded during a ceremony at QatarEnergy's
headquarters in Doha, attended by Qatar's Minister of State for
Energy Affairs, His Excellency Mr. Saad Sherida Al-Kaabi, and
senior executives from both MOL and CSLNG.
Minister Al-Kaabi emphasized the significance of the deal,
stating,“This is the last batch of long-term shipowner contracts
in our historic shipbuilding program, which will support
QatarEnergy's LNG expansion projects and the replacement of parts
of our existing fleet.”
The MOL-CSLNG joint venture had previously secured contracts for
seven conventional LNG vessels in 2022, bringing its total to 13
long-term agreements under QatarEnergy's fleet expansion program.
This new partnership is a key step in strengthening QatarEnergy's
LNG transportation capabilities.
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