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QatarEnergy has signed time-charter get together (TCP) agreements with Qatar Gasoline Transport Firm Ltd (Nakilat) for the operation of 25 conventional-size LNG vessels as a part of the second ship-owner tender beneath QatarEnergy’s historic LNG fleet growth programme.
The agreements have been signed by Saad Sherida Al-Kaabi, the Minister of State for Power Affairs, the President and CEO of QatarEnergy, and Abdullah Al Sulaiti, the CEO of Nakilat, in a particular ceremony held at QatarEnergy’s headquarters in Doha, and attended by senior executives from QatarEnergy, QatarEnergy LNG, and Nakilat.
17 of the 25 LNG vessels are being constructed on the Hyundai Heavy Industries (HHI) shipyards in South Korea, whereas the remaining eight are being constructed at Hanwha Ocean (previously Daewoo Shipbuilding & Marine Engineering) additionally in South Korea.
Al-Kaabi mentioned: “These agreements agency up final month’s number of Nakilat because the proprietor and operator of as much as 25 conventional-size LNG carriers, underscoring our continued confidence in Qatar’s flagship LNG delivery and maritime firm. It is a testomony to Nakilat’s world-class capabilities in addition to to the numerous contributions of Qatari listed firms to our nation’s nationwide financial system.”
Al-Kaabi added: “The agreements we signed right now play an vital function in implementing QatarEnergy’s historic LNG delivery programme, which can cater for our future necessities, as we transfer ahead with the growth of our LNG manufacturing capability to 142 million tpy by 2030, guaranteeing extra cleaner and dependable power provides to the world.”
Every of the 25 vessels may have a capability of 174 000 m3 and will likely be chartered out by Nakilat to associates of QatarEnergy pursuant to the 15-year TCP agreements.
Learn the article on-line at: https://www.lngindustry.com/lng-shipping/26032024/qatarenergy-enters-time-charter-agreements-with-nakilat/
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