The Business Times

China State Shipbuilding to build 18 LNG ships for QatarEnergy

Published Mon, Apr 29, 2024 · 03:50 PM

CHINA State Shipbuilding Corp (CSSC) has signed an agreement to build 18 ultra-large ships for QatarEnergy to transport liquefied natural gas (LNG), Chinese state broadcaster CCTV said on Monday (Apr 29).

The agreement was signed at a ceremony on Monday, CCTV said, adding that the vessels would be the world’s largest with a capacity of 271,000 cubic metres each.

In March, QatarEnergy said it had finalised a number of charter contracts with several Asian ship owners to bolster its shipping fleet by 19 LNG vessels ahead of a massive expansion in LNG output.

An expansion of the North Field project by QatarEnergy, the world’s top LNG exporter, includes eight LNG trains that will raise Qatar’s liquefaction capacity from 77 million tonnes per annum (mtpa) to 142 mtpa by 2030, an 85 per cent increase in production. REUTERS

KEYWORDS IN THIS ARTICLE

READ MORE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here