Qatari LNG Giant Secures Fleet Expansion with Nakilat

  • Date: 25-Mar-2024
  • Source: Arabian Post
  • Sector:Oil & Gas
  • Country:Qatar
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Qatari LNG Giant Secures Fleet Expansion with Nakilat

QatarEnergy, the world’s leading LNG producer, has signed a significant agreement with Qatar Gas Transport Company (Nakilat) to bolster its shipping capacity. The deal involves time charter agreements (TCPs) for 25 new liquefied natural gas (LNG) vessels, significantly amplifying Qatar’s ability to deliver clean energy across the globe. The signing ceremony, held at QatarEnergy’s headquarters in Doha, solidified the partnership between the two Qatari giants. Saad Sherida […]

via Qatari LNG Giant Secures Fleet Expansion with Nakilat

QatarEnergy, the world’s leading LNG producer, has signed a significant agreement with Qatar Gas Transport Company (Nakilat) to bolster its shipping capacity. The deal involves time charter agreements (TCPs) for 25 new liquefied natural gas (LNG) vessels, significantly amplifying Qatar’s ability to deliver clean energy across the globe.

The signing ceremony, held at QatarEnergy’s headquarters in Doha, solidified the partnership between the two Qatari giants. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs and CEO of QatarEnergy, emphasized the importance of the agreements, stating they play a pivotal role in realizing QatarEnergy’s historic LNG shipping program. This program is designed to meet the demands of the company’s ambitious production expansion plans, with a target of reaching a capacity of 142 million tons per annum