Qatar takes delivery of first LNG-carrying mega-ship

September 30th, 2008 - 6:24 pm ICT by IANS  

Dubai, Sep 30 (IANS) Qatari liquefied natural gas (LNG) giant Qatargas has taken delivery of the first of the world’s largest LNG carriers.Qatargas, along with its shipping partner Nakilat, took delivery of Mozah, the first of a series of Q-Max ships, in a ceremony held at Samsung Heavy Industries shipyard on Geoje Island in South Korea Monday, the company said in a statement.

“This is the first of the new generation of liquefied natural gas carriers for the company and we are pleased to see this ship delivered safely,” said Faisal Al Suwaidi, chief executive of Qatargas.

“It is an exciting time for Qatargas as the pioneers of these new LNG ships and the industry as a whole as we make this step change,” he added.

Q-Max ships are the largest of a new generation of LNG mega-ships.

These ships are designed to have 80 percent more capacity than conventional LNG carriers with about 40 percent lower energy requirements due to the economies of scale created by their size and the efficiency of the engines.

The Q-Max carriers are purpose built for Nakilat, which transports Qatargas’s LNG products.

“Mozah is our flagship, the very first Q-Max ever built and the largest and most advanced LNG carrier in the world,” Muhammad Ghannam, Nakilat’s managing director, said in the statement.

It is the first of 14 Q-Max ships and also the first of Nakilat’s 25 wholly owned LNG carriers in its fleet of 54 vessels which are being built in the Korean shipyards to support Qatar’s LNG expansion projects.

Mozah will be used to ship LNG produced by Qatar Liquefied Gas Company Limited (II), known as Qatargas 2, to customers in Europe.

Qatargas 2’s shareholders are ExxonMobil and Total E&P.

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