Nakilat Announces Steel Cutting of 8 New LNG Carriers at Hanwha Ocean Shipyard in Korea

Geoje Island (South Korea), March 12 (QNA) - Qatar Gas Transport Company (Nakilat) has announced the steel cutting of eight new LNG carriers at the Hanwha Ocean Shipyard in the Republic of Korea. These vessels are part of Qatar’s historic LNG fleet expansion project, aimed at meeting the growing maritime transport needs of the LNG sector.

The steel cutting ceremony was attended by senior officials from Nakilat, Hanwha Ocean, and international financial institutions, signifying the commencement of the construction phase for these advanced vessels. Fully owned by Nakilat, each vessel has a capacity of 174,000 cubic meters, and will be chartered to QatarEnergy affiliates under long-term agreements.

On this occasion, Chief Executive Officer of Nakilat Eng. Abdullah Al Sulaiti, commented: "We are proud to collaborate with QatarEnergy and Hanwha Ocean. The start of construction marks a significant milestone that reflects our ongoing commitment to supporting Qatar’s vision for LNG transportation through a world-class fleet." "These vessels incorporate the latest advanced technologies, ensuring enhanced operational efficiency and higher reliability while adhering to global environmental standards. As we continue to strengthen our position as a global leader in shipping and maritime services, we remain focused on delivering excellence," Al Sulaiti added.

In February 2024, Nakilat signed agreements with QatarEnergy to charter and operate 25 conventional-size LNG carriers, making Nakilat both the owner and operator of these modern vessels, and reinforcing the company’s standing as a leading global LNG shipping company.

The new LNG carriers will feature cutting-edge designs and innovative technologies, underscoring Nakilat’s commitment to the highest safety standards, operational excellence, and environmental sustainability. This milestone is a pivotal step in strengthening Nakilat’s capabilities as it continues to play a key role in meeting the global demand for LNG transportation. (QNA)