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QatarEnergy to build 18 of the largest-ever LNG vessels in China

QatarEnergy to build 18 of the largest-ever LNG vessels in China

The Peninsula
Monday, April 29, 2024 10:25:18 AM UTC

Doha, Qatar: QatarEnergy signed an agreement with China State Shipbuilding Corporation (CSSC) for the construction of 18 ultra modern QC Max size LNG...

Doha, Qatar: QatarEnergy signed an agreement with China State Shipbuilding Corporation (CSSC) for the construction of 18 ultra-modern QC-Max size LNG vessels, marking a significant addition to its historic LNG fleet expansion program.

The new vessels, with a capacity of 271,000 cubic meters each, will be constructed at China’s Hudong-Zhonghua Shipyard, a CSSC wholly-owned subsidiary, and will feature state-of-the-art technological innovation and environmental performance.

The agreement was signed in Beijing by HE Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, and by Chen Jianliang, Chairman of Hudong‐Zhonghua Shipbuilding (Group) Co. Ltd and Li Hongtao, Chairman of China Shipbuilding Trading Co.Ltd during a special ceremony attended by senior executives from QatarEnergy, QatarEnergy LNG, and China State Shipbuilding Corporation. The signing ceremony was attended by a number of senior Chinese government officials and Mohamed Abdullah Al-Dehaimi, Qatar’s Ambassador in the People’s Republic of China.

Speaking at the ceremony, HE Saad Sherida Al-Kaabi, said: “With a total value of almost 6 billion dollars for these ultra-modern, largest ever LNG vessels by size, the agreement we signed today isthe industry’s largest single shipbuilding contract ever.”

Read full story on The Peninsula
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