QP selects major Korean shipyards for historic LNG carrier deal

The Global Energy, a dual-fuel 173,400 cbm LNG carrier, was delivered from DSME to Nakilat on 21 May. (Image courtesy of QatasGas)

Qatar Petroleum signed a substantial agreement with three major South Korean shipyards for the construction of over 100 LNG carriers on Tuesday, 2 June. The near US$20 billion (70 billion Qatari riyal) agreement reserves newbuilding capacity at the shipyards until 2027.

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