Qatar Petroleum Tenders To Ship Owners For Charter Of LNG Carriers

New York — Qatar Petroleum issued an invitation to tender to ship owners for the chartering of LNG carriers for its future LNG shipping requirements at its offshore North Field expansion and the Golden Pass LNG export project in the US.

The invite to “a large group of LNG ship owners” also includes options to replace time charters for a number of Qatar’s LNG carriers that will expire in the next few years, the company said in a March 20 statement. Upon receiving the responses to the tender invite, QP said it intends to assign selected ship owners to the shipyards’ construction slots which were previously reserved in China and South Korea.

QP in April 2020 announced a $3 billion agreement to reserve LNG ship construction capacity in China and in June said it signed three agreements with South Korean shipbuilding yards to reserve newbuild slots for over 100 LNG tankers at a combined cost of almost $19 billion, both to support its North Field gas expansion projects and for QP’s future LNG carrier fleet requirements. Read more…..


Chart of the Day

Icarus TV

Bill Gates Harvard Commencement Address 2007.

Share This Post

Leave a Reply