Nakilat and Qatargas Announce the Delivery of LNG Carrier “Al Rekayyat”

Thursday, Jul 02, 2009

Today another of the world’s largest and most advanced Q-Flex LNG carriers was delivered to Nakilat and chartered on long term contract to Qatargas Liquefied Gas Company Limited (3), known as Qatargas 3, at Hyundai Heavy Industries Co., Ltd., shipyard in Ulsan.

The Nakilat owned Q-Flex LNG Carrier “Al Rekayyat” (216,000 CBM) will be used to ship LNG produced by Qatargas 3, to markets primarily in the United States.

The Q-Flex and the even larger Q-Max are a new generation of LNG mega-ships. The Q-Max has 80 percent more capacity than conventional LNG carriers with about 40 percent lower energy requirements due to the economies of scale created by their size and the efficiency of the engines. Q-Max LNG carriers are unique and purpose built for Nakilat

Qatargas 3 shareholders are Qatar Petroleum, ConocoPhillips and Mitsui & Co., Ltd.

Source: Nakilat