Tuesday, March 3, 2009

Nakilat gets new Q-Max LNG carrier

Another of the world’s largest and most advanced Q-Max LNG carriers was delivered to Qatar Gas Transport Company (Nakilat) and chartered on long term contract to Qatargas Operating Company Limited at Daewoo Shipbuilding & Marine Engineering Co. Ltd., Okpo shipyard on Geoje Island.

The Nakilat owned Q-Max LNG Carrier Al Samriya (263,000 CBM) will be used to ship LNG produced by Qatar Liquefied Gas Company Limited (II), known as Qatargas 2, to customers in Europe. The Q-Flex and the even larger Q-Max are a new generation of LNG mega-ships. The Q-Max has 80 percent more capacity than conventional LNG carriers with about 40 percent lower energy requirements due to the economies of scale created by their size and the efficiency of the engines. Q-Max LNG carriers are unique and purpose built for Nakilat and allow for more efficient transport of Qatar’s natural gas to markets throughout the world. Qatargas 2 shareholders are Qatar Petroleum, ExxonMobil Qatargas II Limited and Total E&P Qatargas II Holdings Ltd.
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