QatarEnergy, Korea's HHI sign $3.9-B deal for 17 LNG carriers
(Reuters) - QatarEnergy said it had signed a $3.90-B deal with HD Hyundai Heavy Industries for the South Korean firm to supply it with 17 LNG carriers.
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", the state-owned firm said in a statement.
Qatar's North Field Expansion plan will boost its position as the world's top LNG exporter. It includes six LNG trains that will ramp up Qatar's liquefaction capacity from 77 million tons per annum (mtpa) to 126 mtpa by 2027.
QatarEnergy had already contracted for 60 ships to be built at Korean and Chinese shipyards in a first phase of its LNG ship acquisition program, and the 17 ships with HHI mark the start of the program's second phase, it said.
Related News
Related News
- Three killed, two injured in accident at LNG construction site in Texas (U.S.)
- Update: How Germany is building up LNG import terminals
- Digital Exclusive: The value of experience—Why expertise matters in compressor overhauls and revamps
- Croatia's LNG terminal to auction 0.75 Bm3 of regasification capacity in May
- Glencore to offtake 2 MMtpy of LNG from Commonwealth LNG's export facility in Cameron Parish, Louisiana
Comments