Constructing upon an already profitable international maritime initiative, QatarEnergy joined Samsung Heavy Industries and JP Morgan Asset Administration in a particular ceremony on Geoje Island within the Republic of Korea to have a good time this milestone, which is a part of QatarEnergy’s historic LNG fleet growth venture.

This occasion signifies an extension of QatarEnergy’s worldwide collaborations and dedication to international partnerships and follows the October 2022 profitable initiation of metal slicing at Hudong-Zhonghua, a Chinese language shipyard famend for its excellence in LNG shipbuilding.

The ceremony was held within the presence of Sheikh Khalid bin Khalifa Al Thani, the CEO of Qatargas, attending on behalf of Saad Sherida Al-Kaabi, the Minister of State for Power Affairs, the President and CEO of QatarEnergy, Jin-Taek Jung, the CEO of Samsung Heavy Industries, and Andy Dacy, the CEO of JP Morgan’s International Transport Group. Additionally in attendance had been senior executives from QatarEnergy and Qatargas.

The metal slicing ceremony in South Korea follows QatarEnergy’s 2020 resolution to enter into ship slot reservation agreements with three Korean shipyards: Samsung Heavy Industries, Hyundai Heavy Industries, and Daewoo Shipbuilding and Marine Engineering. Subsequently, in 2022, QatarEnergy signed a number of time constitution events with varied shipowners, together with associates of JP Morgan Asset Administration, a fund investing in a big selection of transportation belongings.

Learn the article on-line at: https://www.lngindustry.com/lng-shipping/06062023/qatarenergy-celebrate-steel-cutting-of-first-korean-lng-vessel-for-fleet-expansion/