Nakilat inks $3bn deal for 10 LNG carriers

Qatar Gas Transport Company Ltd (Nakilat) is to acquire 10 more LNG carriers worth approximately $3 billion for a 25-year time charter to Qatar Liquefied Gas Company (III) or QatarGas 3.

An agreement was signed here yesterday for the seven QFlex and three QMax LNG carriers between Nakilat and Korean shipyards Daewoo Shipbuilding and Marine Engineering, Hyundai Heavy Industries and Samsung Heavy Industries. A time charter agreement was also signed between Nakilat and QatarGas3.