QatarEnergy Kicks Off Newbuild Orders With MOL Quartet

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State-run QatarEnergy said it has signed charter deals for four LNG carriers with Japan’s MOL, completing the first batch of charter contracts awarded under its massive shipbuilding program, reports LNG Prime.

LNG Newbuild orders

Concurrent with the signing of the TCPs, back-to-back shipbuilding contracts were signed between MOL and CSSC’s Hudong-Zhonghua for the construction of the new LNG carriers, QatarEnergy said in a statement on Tuesday.

These vessels will serve QatarEnergy’s LNG growth projects and future fleet requirements.

These contracts mark the start of the construction phase of QatarEnergy’s historic fleet expansion program in support of our LNG expansion projects,” Qatar’s energy minister and chief executive of QatarEnergy, Saad Sherida Al-Kaabi, said.

We look forward to announcing many more such contracts in the near future in our relentless pursuit to ensure a reliable supply of additional clean energy to the world,” Al-Kaabi said.

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Source: LNG Prime