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Article: New cargo technology means even more Qatar LNG coming.(Horizon)
- Article from:
- World Gas Intelligence
- Article date:
- April 5, 2006
- Author:
CopyrightCOPYRIGHT 2006 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LNG shipping technology is getting a major overhaul in a new fleet of "Q-Flex" and "Q-Max" carriers being built in South Korea over the next three years for state Qatar Petroleum (QP) and Exxon Mobil, with an eye to cutting costs on the massive new LNG export shipments these companies are due to start to the UK and US in late 2007.
UK technology firm Hamworthy is to install LNG relique-faction (LNG-RS) shipsets on the 20 Q-Flex 216,000 cubic meter carriers already ordered--workhorses of what soon could be the world's longest regular LNG shipping routes--thereby significantly increasing the portion of the cargo that actually makes its way to market. It hopes to ...