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Tuesday, September 27, 2016

LNG Vessel to Join Qatargas Fleet

September 13, 2007

Qatargas announced the naming of the Q-Flex LNG vessel Tembek at a ceremony held at Samsung Heavy Industries (010140.KS) shipbuilding yard in Geoje Island, South Korea. The Tembek will be used to ship LNG produced by Qatargas 2's Train 4 to customers in Europe. It is one of 14 ships that are being built in Korea to service Qatargas Trains 4 and 5. The LNG vessel is owned through a joint venture between Qatargas Transport Company (Nakilat) and Overseas Shipholding Group (OSGIQ) (OSG), from which Qatargas will charter the vessel. Naomi Campbell officially named the ship the fourth of 45 large LNG ships to be delivered for Qatar at the event presided over by Ahmed Al Khulaifi, Qatargas Chief Operating Officer - Commercial & Shipping.

The Q-Flex and the even larger Q-Max are a new generation of LNG mega-ship with about 40 percent lower energy requirements than conventional vessels due to the economies of scale created by their size and the efficiency of the engines. Source: The Peninsula



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