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Monday, August 01, 2005

Daewoo to Build 5 LNG Tankers for Qatar

Daewoo Shipbuilding & Marine Engineering Co., the world's second-largest shipbuilder, said Monday it has received an order to build five large liquefied natural gas (LNG) tankers valued at $1.20 billion from a Qatari gas producer.

Daewoo Shipbuilding's latest deal meant that it has secured nine out of 20 large LNG tankers for Qatar Liquefied Gas II since last year, which will issue orders for 52 LNG tankers in total by early 2007. The five LNG tankers can each carry up to 210,100 cubic meters of LNG, the company said. Read More ....

Source: The Korea Times | reBlogged By: News Blog re-Blog
Filed Under: Korea, Qatar, Gas, Tanker | Permalink

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