(Source: Middle East Company News)
Today another of the world's largest and most advanced Q-Flex LNG carriers was delivered to Nakilat and chartered on long term contract to Qatargas Liquefied Gas Company Limited (3), known as Qatargas 3, at Hyundai Heavy Industries Co., Ltd., shipyard in Ulsan.
The Nakilat owned Q-Flex LNG Carrier "Al Rekayyat" (216,000 CBM) will be used to ship LNG produced by Qatargas 3, to markets primarily in the United States.
The Q-Flex and the even larger Q-Max are a new generation of LNG mega-ships. The Q-Max has 80 percent more capacity than conventional LNG carriers with about 40 percent lower energy requirements due to the economies of scale created by their size and the efficiency of the engines.
Q-Max LNG carriers are unique and purpose built for Nakilat and allow for more efficient transport of Qatar's natural gas to markets throughout the world.
Qatargas 3 shareholders are Qatar Petroleum, ConocoPhillips and Mitsui & Co., Ltd.
(c) 2009 Middle East Company News. Provided by ProQuest LLC. All rights Reserved.
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