Qatari deal burnishes Chinese shipbuilder's LNG credentials

摘要

China's Hudong-Zhonghua Shipbuilding has been catapulted into the spotlight following the signing of a US$3 Bn shipbuilding agreement with Qatar Petroleum (QP) in April. China's largest shipbuilding export contract to date, the prestigious deal with the world's largest LNG producer burnishes Hudong-Zhonghua's LNG ship reputation and growing order book. The Chinese shipbuilder now has fourth-generation world-scale LNG carriers, floating storage and regasification unit (FSRU) vessels and LNG bunkering vessels in its portfolio. The shipbuilding capacity reserved by QP until 2027 will meet part of its future LNG carrier fleet requirements, including those supporting its ongoing six-train North Field expansion projects and fleet renewal.