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  • Qatar Petroleum and leading LNG players sign multi-party agreement to develop new LNG carrier designs
    édité le 10/03/2021 - Plus de news de "Qatar Energy" - Voir la fiche entreprise de "Qatar Energy"


Qatar Petroleum and leading LNG players sign multi-party agreement to develop new LNG carrier designs
Qatar Petroleum, along with several leading international LNG players, signed a multi-party agreement with LNT Marine, the American Bureau of Shipping (ABS), and Shanghai Waigaoqiao Shipbuilding (SWS) to collaborate on the development of new medium and large liquefied natural gas (LNG) carrier designs.

The agreement paves the way for the establishment of a Joint Industry Project (JIP) that targets the development of new LNG carrier designs utilizing the LNT A-BOX® LNG cargo containment system. Other signatories to the Agreement include Qatargas and affiliates of ConocoPhillips, ExxonMobil, Shell and Total.

The LNT A-BOX® LNG cargo containment system is a new design that has recently been deployed on the 45,000 m3 new built ABS-classed vessel ‘Saga Dawn,’ which entered commercial service in the second quarter of 2020.

Commenting on the agreement, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President & CEO of Qatar Petroleum said: “We are pleased to collaborate with LNT Marine, ABS, and SWS to introduce new designs utilizing innovative technologies to the LNG shipping industry. With this signing, Qatar Petroleum reaffirms its commitment to the continuous improvement of the LNG industry by supporting new concepts and encouraging innovation in areas that benefit the industry as a whole, in a safe and economic manner.”

His Excellency Mr. Al-Kaabi added, “Competition is critical for technology advancement, and we are pleased to play an active role in this regard with our industry partners.”

LNG cargo containment systems are highly specialized and have experienced few improvements over the past decades. LNT Marine is a technology provider and innovator within the LNG sector, developing gas carriers and cryogenic insulation systems for marine applications. LNT A-BOX® introduces a step change in LNG containment systems and demonstrates the potential to improve LNG transportation economics in the coming years.

David Wu, LNT Marine’s Founder and Chairman, said, “We are very pleased to cooperate with Qatar Petroleum and other market leaders in the LNG industry, to support new technology development for the next wave of LNG carriers. Based on our decade of hard work and today’s cooperation with Qatar Petroleum, Qatargas and the other distinguished international partners, including ABS and SWS, we have confidence in our ability to develop state-of-the-art LNG carrier designs with the LNT A-BOX® containment system to accommodate the future shipping requirements of the LNG industry.”

ABS, a leading global provider of classification and technical advisory services to the marine and offshore industries, is committed to setting standards for safety and excellence in design and construction.

“ABS has a proud track record of supporting innovation in gas carrier development and we are delighted to be able to add this exciting project to that list,” said Patrick Janssens, ABS Vice President, Global Gas Solutions.

SWS is a subsidiary of China State Shipbuilding Corporation with extensive experience in vessel and offshore structure construction.​

About Qatar Petroleum

Qatar Petroleum (QP) is a state-owned corporation established by Decree Law No. 10 in 1974. It is responsible for all phases of the oil and gas industry in the State of Qatar.
The principal activities of QP, its subsidiaries and joint ventures are the exploration, production, local and international sale of crude oil, natural gas and gas liquids, liquefied natural gas, refined products, synthetic fuels, petrochemicals, fuel additives, fertilizers, steel and aluminium.
The operations and activities of QP and its affiliates are conducted at various onshore locations, including Doha, Dukhan and the Mesaieed and Ras Laffan Industrial Cities, as well as offshore areas, including Halul Island, offshore production stations, drilling platforms and the North Field.

About LNT Marine

LNT Marine (LNT) is a technology provider and contractor within the LNG sector, gas carrier segment and all other types of cold cargo. We invent and develop new innovative and cost efficient technologies. We provide design and engineering for marine solutions based on our proprietary technologies, and offer system supply as well as technical support and installation services.


Origine : Communiqué Qatar Energy

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