Qatargas 4 Signs LNG Timecharter

Thursday, July 12, 2007
Qatargas 4 signed a time charter agreement with Nakilat to use eight of the latter’s mega LNG tankers to ferry liquefied natural gas to QG4 customers worldwide, according to a report on Four of the eight vessels are in the Q-Flex and the others in the Q-Max categories. In February, Nakilat had signed with Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering Company for the construction of four Q-Flex and four Q-Max class vessels. Nakilat’s fleet, which is still under construction, will comprise some 25 LNG carriers scheduled to come into service over the next four years.


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