Middle East Economic Survey

VOL. XLVIII

No 7

14-February-2005

qatar

Four More LNG Vessels On Order For Qatargas-2s UK Supply Deal

Qatar Gas Transport Company (Nakilat), together with Qatargas-2, Commerzleasing (a division of Commerzbank) and Germanys Pronav on 5 February signed an agreement with South Koreas Daewoo Shipbuilding & Marine Engineering under which the latter will build four 216,000 cu ms capacity LNG carriers at a total cost of $900mn. Upon delivery in 2007-08, the four will begin...