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Qatar makes multi-billion dollar LNG shipbuilding splash

1 month ago   |   By Energy Voice

Qatar Petroleum has signed the largest shipbuilding contract in history to shore up its LNG growth plans, this is said to account for around 60% of global LNG shipbuilding capacity until the late 2020s.
QP said the deal to secure more than 100 ships was valued at more than 70 billion riyals. Three agreements were reached for construction by the three top Korean shipyards, reserving capacity until the end of 2027.
The deals were signed with Daewoo Shipbuilding & Marine Engineering , Hyundai Heavy Industries and Samsung Heavy Industries .
Agreements were signed by Qatari Minister of State...
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