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Qatar Gas Orders World's Largest LNG Vessels

According to Industry Week and Alexander’s Gas & Oil Connections, Qatar Gas Transport Company has ordered six new LNG vessels with capacity of 265,000 cubic meters each.  Each vessel will cost approximately $300 million, and will use diesel engines and o
May 23, 2006

According to Industry Week and Alexander’s Gas & Oil Connections, Qatar Gas Transport Company has ordered six new LNG vessels with capacity of 265,000 cubic meters each.  Each vessel will cost approximately $300 million, and will use diesel engines and onboard reliquefaction technology.  Qatar Gas Transport will own the vessels, and Qatar Liquefied Gas Company is expected to hire them on twenty-five-year time charters beginning in 2008.

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