Nakilat Chooses Shell to Manage LNG Fleet

Tuesday, November 21, 2006
Qatar Gas Transport Company (Nakilat) has appointed Shell International Trading and Shipping Company Limited to manage its fleet of 27 new liquefied natural gas carriers in a 25-year deal, according to a report on www.gulfnews.com.

Under the arrangement it is expected that operational management will be transferred to Nakilat within 12 years, the report said.

Shell will provide a range of shipping services to Nakilat including ship management as well as the transfer of know-how and expertise to allow Nakilat to develop its own LNG ship management company in Qatar.

This new fleet of LNG vessels, currently under construction, will be put into service over the next four years to transport gas from four of Qatar's major LNG projects: Qatargas II Qatargas 3 and, subject to the agreement of the partners, RasGas III and Qatargas 4.

These vessels will have capacities of approximately 215,000 cubic metres and 265,000 cubic metres.

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