Qatar to order 60 new LNG carriers

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Saad Sherida Al-Kaabi, Qatar's Energy Minister and Deputy Chairman, Qatar Petroleum

Saad Sherida Al-Kaabi, Qatar’s Energy Minister and Deputy Chairman, Qatar Petroleum

South Korea’s presidential office said on Monday that Qatar’s energy minister outlined plans during a bilateral summit for Doha to order 60 new liquefied natural gas (LNG) carriers.

The energy minister, Saad Sherida Al-Kaabi, who also serves as deputy chairman of Qatar Petroleum, said he expects cooperation with experienced Korean shipbuilders on constructing the LNG carriers, according to a statement issued by South Korea’s presidential office.

Financial details of the plan weren’t disclosed.

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Speaking during a luncheon after the summit, the chief executive of South Korea’s Daewoo Shipbuilding and Marine Engineering Co, said most of the LNG carriers owned by Qatar were built by Korea’s top three shipbuilders.

He said he hoped South Korean would be considered a primary option for building new LNG carriers for Qatar.

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