Qatar charters five new LNG carriers

MISC and a consortium have signed long-term charter agreements with NOC QatarEnergy for five newbuild LNG carriers, the Malaysian marine and offshore company announced on Thursday.

The LNG transport vessels will each have a capacity of 174,000 cubic metres and be equipped with carbon-cutting technology.

They will be built by China’s Hudong-Zhonghua Shipbuilding and are expected to be delivered in 2025.

The five assets add up to a total of 12 newbuild LNG carriers awarded by QatarEnergy to the consortium, including seven long-term charter contracts signed in August 2022.

The offshore consortium consists of Malaysian NOC Petronas’ subsidiary MISC, Japanese marine service companies Nippon Yusen Kabushiki Kaisha and Kawasaki Kisen Kaisha and China LNG Shipping.

The new vessels will be used to export Qatar’s raised LNG production capacity, which aims to reach 126 million tonnes per year from its current 77 million tonnes per year.

Recent Posts

Mozambique’s Coral Sul FLNG passes performance test

Air Products’s LNG liquefaction equipment deployed on Coral Sul FLNG in Mozambique has successfully passed its performance test, Air Products… Read More

2 hours ago

Saudi Aramco hands $1.7-billion contract to China’s CPECC

Saudi Aramco has awarded a USD 1 Read More

7 hours ago

Seatrium wins MODEC contract for Guyana-bound FPSO

Singapore’s Seatrium has secured a topside integration project for the FPSO Errea Wittu from Offshore Frontier Solutions, a MODEC Group… Read More

1 day ago

UK allows oil exploration in North Sea wind project zones

The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More

4 days ago

ExxonMobil closes acquisition of Pioneer, creating Permian powerhouse

ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More

4 days ago

BP-Eni joint venture Azule Energy enters Namibia’s Orange Basin

BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More

4 days ago

This website uses cookies.