QatarEnergy (QATPE.UL) CEO Saad Al Kaabi announced on Sunday that the company has finalized several charter contracts with several Asian ship owners to bolster its shipping fleet by 19 LNG vessels ahead of a massive expansion in LNG output.
In a ceremony at its Doha headquarters, state-owned QatarEnergy signed contracts to charter six vessels from CMES LNG Carrier Investment, six vessels from Shandong Marine Energy, and three vessels from MISC Berhad. Those 15 vessels will be built at South Korea’s Samsung Heavy Industries, QatarEnergy said in a press release.