QatarEnergy, Nakilat sign charter deal for nine QC-Max LNG vessels
QatarEnergy, Nakilat sign deal for nine QC-Max LNG vessels
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Natural Gas News
QatarEnergy, Nakilat sign charter deal for nine QC-Max LNG vessels
Summary
These nine QC-Max vessels represent half of the 18 QC-Max class LNG vessels slated for construction at China’s Hudong-Zhonghua Shipyard. [Image: QatarEnergy] by: Shardul Sharma
State-backed QatarEnergy has signed a long-term agreement with Qatar Gas Transport Company (Nakilat) for the charter and operation of nine 271,000 m3 C-Max class LN...
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.