Qatar Petroleum has issued an ‘invitation to tender’ for the reservation of ship construction capacity required for the LNG carrier fleet for its North Field Expansion (NFE) project, which will increase Qatar’s LNG production capacity from 77 million tpy to 110 million tpy starting in 2024.
In addition to addressing shipping requirements for the North Field Expansion Project, the tender covers shipping requirements for the LNG volumes that will be purchased and off-taken by Ocean LNG (a 70% / 30% joint venture between Qatar Petroleum and ExxonMobil) from the Golden Pass LNG export project in the US, which is currently under construction and is planned to start by 2024. The tender also includes options for replacement requirements for Qatar’s existing LNG fleet.
Commenting on this occasion, His Excellency Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President & CEO of Qatar Petroleum, said: “With this significant step, Qatar Petroleum embarks on another major LNG ship-building campaign expected to initially deliver 60 LNG carriers in support of the planned production expansion, with a potential to exceed 100 new LNG carriers over the next decade. This important initiative reinforces Qatar Petroleum’s commitment to its global reputation as a safe and reliable LNG producer at all times and under all circumstances.”
His Excellency Al-Kaabi added: “This tender, along with the recently released engineering, procurement and construction tender for four new mega LNG trains planned as part of the NFE project, constitute two monumental and historical milestones as we make major strides in our commitment towards the further development of the world’s largest non-associated gas field.”
Qatar Petroleum has entrusted Qatargas to execute this LNG ship building program on its behalf.
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