Qatargas charters LNG ships

Uchenna Izundu
OGJ International Editor

LONDON, Apr. 3 -- Qatargas Operating Co. Ltd. chartered the Q-Flex and Q-Max LNG carriers delivered to Nakilat, the Qatari-listed shipping company from shipyards in South Korea. Both ships will transport LNG produced by Qatargas 3 to the US.

The Al Sadd carrier Q-Flex carrier is one of the world's largest with a capacity of 210,000 cu m and is under a long term contract. It was delivered from the Daewoo Shipbuilding & Marine Engineering Co. Ltd., Okpo shipyard on Geoje Island.

The Mekaines Q-Max LNG Carrier has a capacity of 266,000 cu m, and it too is under a long term charter. It was delivered to Nakilat at Samsung Heavy Industries Co. Ltd. shipyard on Geoje Island.

Nakilat said the Q-Flex carrier has 50% more capacity than conventional LNG carriers with about 40% lower energy requirements because it has maximized economies of scale and efficient engines. Q-Max has 80% more capacity. Both are unique and purpose-built for Nakilat to send efficiently Qatar's natural gas to markets throughout the world, the company added.

Qatargas 3 shareholders are Qatar Petroleum, ConocoPhillips, and Mitsui & Co. Ltd.

Contact Uchenna Izundu at uchennai@pennwell.com.

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