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QatarEnergy Sign Deal for 17 New LNG Carriers

LNG

QatarEnergy have signed an agreement with Hyundai for the supply of 17 LNG carriers, according to Reuters.

  • The deal "will support (QatarEnergy's) expanding LNG production capacity from the North Field LNG expansion and Golden Pass LNG export projects as well as its long-term fleet replacement requirements", QatarEnergy said in a statement.
  • Qatar’s North Field Expansion will boost its liquefaction capacity from 77m mpta to 126m mtpa by 2027.
  • This deal adds to QatarEnergy’s existing contract with Hyundai for 60 LNG carriers in the first phase of the programme. The additional 17 ships mark the second phase.
Energy BulletsCommodities
Energy BulletsCommodities

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