QatarEnergy has sealed a monumental $6 billion deal with China State Shipbuilding Corp. to construct 18 liquefied natural gas (LNG) carriers, marking a significant stride in its endeavor to ramp up production of the super-chilled fuel.
Under the agreement, the shipbuilder will craft cutting-edge QC-Max size LNG vessels, boasting a capacious 271,000 cubic meters each, at its Hudong-Zhonghua shipyard, as announced by QatarEnergy in a statement released on Monday.
Delivery of the vessels is staggered, with eight ships set for completion in 2028 and 2029, followed by the remaining ten slated for delivery in 2030 and 2031, as outlined in the statement.
Stay informed with the latest news. Follow DXB News Network on WhatsApp Channel
This strategic move aligns with Qatar's ambition to meet the escalating demand for LNG, spurred by its ambitious expansion plans. With plans to increase annual production capacity from the North Field to 142 million tons by 2030, up from the current 77 million tons, QatarEnergy is proactively fortifying its logistical infrastructure.
Last month, the company bolstered its fleet further by inking agreements to charter 19 additional vessels, underscoring its unwavering commitment to fulfilling global energy needs and solidifying its position as a premier LNG supplier on the global stage.
#trending #latest #QatarEnergy #ChinaStateShipbuilding #LNGCarriers #NorthField #HudongZhonghua #EnergyIndustry #GlobalTrade #Shipping #Qatar #China #EnergyProduction #Logistics #dubai #uae #ueanews #dubainews #sharjahnews #abudhabinews #dnn #breakingnews #worldnews #headlines #topstories #globalUpdate #dxbnewsnetwork #dxbnews #dxbdnn #dxbnewsnetworkdnn
The number of mushers this year is lower than before, matching 2023's record low, with Fairbanks hosting the start for the fourth time due to little snow near A...Read More.
Sharjah Ruler congratulates UAE President on Ramadan, praying for health and prosperity...Read More.
Sheikh Zayed Grand Mosque Fujairah Completes Ramadan Preparations
Sheikh Zayed Grand Mosque Fujairah is ready for Ramadan with full safety checks
Saturday Marks the First Day of Ramadan in the UAE
The UAE announces Saturday, March 1, 2025, as the first day of Ramadan after moon sighting
Meet Shaheer Niazi The Boy Who Broke Isaac Newton's Record at age 16
Breaking Isaac Newton's record at the tender age of 16 with his revolutionary research on electric h
West Ham increase pressure on Leicester with 2-0 win
West Ham defeated struggling Leicester City 2-0 as Soucek scored on his 30th birthday, plus an own g
MBRSC reveals launch details of Etihad-SAT, its first SAR satellite
MBRSC to launch Etihad-SAT, its first SAR satellite, in March 2025 via SpaceX Falcon 9
Iditarod: World's Most Famous Sled Dog Race Is Now Longer Than Ever
The number of mushers this year is lower than before, matching 2023's record low, with Fairbanks hosting the start for the fourth time due to little snow near A
Sharjah Ruler Extends Ramadan Greetings to President, VPs, and UAE Rulers
Sharjah Ruler congratulates UAE President on Ramadan, praying for health and prosperity
The Impact of Social Media on Women’s Body Image and Confidence
How Social Media Shapes Women’s Body Image and Confidence in Modern Life
Afghanistan's Semi-Final Hopes Depend on England Beating South Africa By
Champions Trophy 2025: South Africa will face England in their last league match on Saturday
Akasa Air partners with Etihad Airways to launch daily flights to Abu Dhabi
Akasa Air expands UAE reach, adding new routes to its Mumbai-Abu Dhabi service
Nahyan bin Mubarak honored with first Emirati Day for Education Award
This award honored his efforts in education, youth empowerment, and advancing learning in the UAE
Qatar Airways Defends Action After Couple Seated Beside Deceased Passenger
Qatar Airways responded after a couple claimed trauma on a Melbourne-Doha flight
Zuckerberg Wears Benson Boone Jumpsuit for Wife’s 40th Birthday
In a video posted on Instagram, Mark Zuckerberg, wearing a sharp tuxedo, arrives at the grand birthday celebration
Top 5 Skills Every Student Needs for the Future Workforce
How the Top 5 Skills Every Student Needs Will Shape Careers
Theyab bin Mohamed offers condolences on martyr Abdul Hamid Al Hammadi’s mother
Sheikh Theyab bin Mohamed offers condolences on the passing of Mahlah Al Hammadi
3001E, 30 Floor, Aspin Commercial Tower, Sheikh Zayed Road, Dubai, UAE
+971 52 602 2429
info@dxbnewsnetwork.com
© DNN. All Rights Reserved.
