QatarEnergy places LNG ship orders with Korean shipyards

QatarEnergy placed the first batch of LNG shipbuilding orders with Korean shipyards consisting of four vessels from Daewoo Shipbuilding & Marine Engineering (DSME) and two vessels from Samsung Heavy Industries (SHI).

The orders came in the form of QatarEnergy’s declaration of its ship construction options with the two Korean shipyards under its Reservation of Shipyard Capacity agreements signed in May 2020.

The North Field expansion projects will increase Qatar's LNG production capacity to 126 million tonnes/year (tpy) by 2027 from 77 million tpy (OGJ Online, Feb. 22, 2021). QatarEnergy’s LNG carrier fleet program is designed to meet the shipping requirements of QatarEnergy’s LNG expansion projects, as well as replacing part of Qatar's existing LNG fleet.