VOL. XLVI

No 10

10-March-2003

QATAR

RasGas-2 To Charter Third LNG Vessel

RasGas-2 announced in mid-January that it had signed a charter party for a third LNG vessel. The 25-year agreement is with Peninsula LNG Transport No 1, a consortium comprising Exmar, Kawasaki Kisen Kaisha (K-Line), Nippon Yusen Kaisha (NYK), Mitsui OSK Lines (MOL) and the Qatar Shipping Company. Peninsula has commissioned South Koreas Samsung Heavy Industries to build the 145,000 cu ms membrane-type vessel at a cost of...