Qatar Petroleum has invited the shipowners to participate in a tender for the long-term charter of up to 100 LNG carriers that the company will need for its North Field expansion project as well as for its export terminal of LNG Golden Pass in the United States.
Qatar Petroleum has launched the call for tenders (ITT) to a large group of large LNG vessel owners for vessel charter. The tender also includes options to replace time charters for a number of Qatar LNG carriers which will expire in the coming years.
The north offshore field expansion project is expected to increase Qatar’s LNG production capacity from 77 million tonnes per year currently to 126 million tonnes per year by 2027.
To meet the demand for early shipment, Qatar Petroleum has entered into agreements with Korean and Chinese shipyards to reserve space for the construction of up to 100 new LNG carriers. After receiving responses to the tender, Qatar Petroleum said it will assess the technical and commercial capabilities of bidders with the aim of awarding selected shipowners to the locations reserved for the construction of the shipyards.
“As we previously announced, Qatar Petroleum has entered into agreements with major Korean and Chinese shipyards to reserve LNG shipbuilding capacity to build up to 100 new LNG carriers to meet the needs of the expansion project. of North Field as well as for the future of Qatar Petroleum. The needs of the LNG carrier fleet, in what will be the largest LNG shipbuilding program in history. The publication of this ITT package is a major step in our efforts to secure the most qualified shipowners and operators for our future LNG carrier fleet ”, declared His Excellency Mr. Saad Sherida Al-Kaabi, Minister of State for Affairs Energy and President of Qatar. and CEO of Qatar Petroleum.
Qatargas will manage the selection process for shipowners on behalf of Qatar Petroleum.