Qatar Shipping Secures USD 425 Mln Loan for Four LNG Carriers
Qatar Shipping, a subsidiary of Qatar Navigation, said it has received a 12-year, $425 million loan from a consortium of international banks.
The loan will be used to refinance existing debt facilities on four LNG tankers – Fuwairit, Lusail, Al Thakhira and Al Deebel, the company said in a statement.
The LNG tankers are all chartered to RasGas on a long-term charter basis.
LNG World News Staff, January 23, 2014