VOL. XLV

No 51/52

23/30-December-2002

QATAR

Q-Ship Expanding Interest In LNG Carriers

Qatar Shipping Companys (Q-Ships) business plan is LNG-driven and the company is acquiring interests in two new LNG carriers, according to its chairman, Salim al-Naimi. In a statement at the end of October, Mr Naimi said Q-Ship had signed an agreement to take the largest share (25%) in an LNG carrier being built by Japanese partners led by Mitsui OSK Lines to lift exports for RasGas. The latter company has said...