QatarEnergy to build 18 of largest LNG vessels ever built in China’s CSSC at cost of $6 Billion – Gulf Times

QatarEnergy to build 18 of largest LNG vessels ever built in China’s CSSC at cost of $6 Billion – Gulf Times

QatarEnergy signed an agreement with China State Shipbuilding Corporation (CSSC) for the construction of 18 ultra-modern QC-Max size LNG vessels, marking a significant addition to its historic LNG fleet expansion program.

The new vessels, with a capacity of 271,000 cubic meters each, will be constructed at China's Hudong-Zhonghua Shipyard, a CSSC wholly-owned subsidiary, and will feature state of the art technological innovation and environmental performance.

The agreement was signed in Beijing by HE Minister of State for Energy Affairs, President and CEO of QatarEnergy Saad bin Sherida Al Kaabi and by Chairman of HudongZhonghua Shipbuilding (Group) Co. Ltd. Chen Jianliang and Chairman of China Shipbuilding Trading Co. Ltd. Li Hongtao during a special ceremony attended by senior executives from QatarEnergy, QatarEnergy LNG, and China State Shipbuilding Corporation.

The signing ceremony was attended by a number of senior Chinese government officials and HE Ambassador of the State of Qatar to the People's Republic of China Mohamed bin Abdullah Al Dehaimi.

Speaking at the ceremony, HE Al Kaabi said: "With a total value of almost 6 billion dollars for these ultra-modern, largest ever LNG vessels by size, the agreement we signed today is the industry's largest single shipbuilding contract ever."

HE the Minister added: "It is our