QatarEnergy awards Nakilat ownership of 25 LNG carriers
QatarEnergy awards Nakilat ownership of 25 LNG carriers
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Natural Gas News
QatarEnergy awards Nakilat ownership of 25 LNG carriers
Summary
The vessels are slated for construction at South Korean shipyards. [Image: QatarEnergy] by: Shardul Sharma
QatarEnergy has chosen Qatar Gas Transport Company (Nakilat) as the exclusive owner and operator of 25 conventional-size LNG carriers under time charter parties (TCP), it ...
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.