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    Qatar Signs Pact to Develop New LNGC Design

Summary

The agreement paves the way for the establishment of a joint industry project.

by: Shardul Sharma

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Qatar Signs Pact to Develop New LNGC Design

Qatar Petroleum (QP) on March 10 said it will work with a number of companies to develop new LNG carrier designs.  

The Qatari state company has signed a multi-party agreement with LNT Marine, the American Bureau of Shipping (ABS), and Shanghai Waigaoqiao Shipbuilding to collaborate on the development of new medium and large LNG carrier designs.  

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The agreement paves the way for the establishment of a joint industry project to develop new LNG carrier designs utilising the LNT A-BOX LNG cargo containment system, QP said. Other signatories to the agreement include Qatargas and ConocoPhillips, ExxonMobil, Shell and Total.  

The LNT A-BOX LNG cargo containment system is a new design that has recently been deployed on the 45,000 m3 newbuild ABS-classed vessel Saga Dawn, which entered commercial service in the second quarter of 2020, QP added.