Hudong-Zhonghua to Build LNG Carriers for PNG, Gorgon Jansz

Monday, January 17, 2011

Exxon Mobil Corporation (ExxonMobil) and Mitsui O.S.K. Lines, Ltd. (MOL) announced that they have selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong), a subsidiary of China State Shipbuilding Corporation, to build four LNG carriers in China.  These carriers will provide LNG transportation from the Papua New Guinea (PNG) and Gorgon Jansz LNG projects and will be jointly owned by MOL and China Shipping (Group) Company (CS).
 
A ceremony was held in Beijing to celebrate the execution of a Project Development Agreement and a Heads of Agreement for Shipbuilding Contracts in the presence of Mr. Zhang Guobao, vice chairman, National Development and Reform Commission, and minister, National Energy Administration; Mark Albers, senior vice president, Exxon Mobil Corporation; Akimitsu Ashida, chairman, Mitsui O.S.K. Lines, Ltd.; Zhang Guofa, vice president, China Shipping (Group) Company; Tan Zuojun, president, China State Shipbuilding Corporation and Wang Yong, president, Hudong Zhonghua Shipbuilding (Group) Co., Ltd.
 
“This project will provide a reliable source of clean energy to help China meet its growing energy demand. We are committed to working with our partners and Hudong to deliver high quality, reliable and cost effective LNG carriers for our LNG projects that will be competitive on a global scale,” said Mark Albers, senior vice president, Exxon Mobil Corporation.
 
“MOL is pleased to be engaged in this China LNG shipping project, working with ExxonMobil, Hudong and CS for the construction of four new quality LNG ships. This is the first time for MOL to secure LNG ships in China, and we believe that with concerted efforts by all the parties concerned, the objective of this project will be accomplished in a professional manner,” said Mr. Akimitsu Ashida, chairman, Mitsui O.S.K. Lines, Ltd.
 
In 2009, an ExxonMobil affiliate and its co-venturers in the PNG LNG project entered into a sales and purchase agreement with Sinopec for the long-term supply of LNG totaling approximately 2 million tonnes per annum.  Also in the same year, an affiliate of ExxonMobil and PetroChina signed a sales and purchase agreement for the long-term supply of approximately 2.25 million tonnes per annum of LNG from ExxonMobil’s equity share of the Gorgon Jansz LNG project in Western Australia.
 
The four LNG carriers are expected to be delivered in the 2015-2016 period.

 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Rederij Groen Takes Delivery of 7-Waves

Rederij Groen’s entire SRSV fleet built by Damen Maaskant Shipyards Stellendam. Dutch offshore services company Rederij Groen has taken delivery of the 7-Waves,

De Beers Orders Specialized Ship from Kleven

Kleven signed a contract with diamond company De Beers Marine Namibia, part of De Beers Group, on the building of a highly specialized vessel for deep water mineral exploration.

FMT Options for another Towboat from Eastern

Eastern Shipbuilding Group, Inc. announce that Florida Marine Transporters, Inc. of Mandeville, La. exercised another additional 90’x32’x10’ “Canal Class” Inland

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1063 sec (9 req/sec)