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The Second And Third Vessels

South Korea, August 26th, 2008: At present Qatargas and Nakilat named two extra of the world’s largest Q-Max LNG Carriers at a particular ceremony held at Samsung Heavy Industries shipyard on Geoje Island.

The first ship “Umm Slal” was officially named by Mrs Fatima Al-Kuwari, partner of Mr. Ghanim Al-Kuwari, Qatargas Chief Operating Officer-Administration and Mrs. Lori Woodbury, spouse of Mr. Jeff Woodbury Vice President of ExxonMobil Development Company LNG Terminals & Transportation, named the second vessel, “Bu Samra”.

Mr. Ghanim Al-Kuwari stated; “It is an honour to be right here at present to name this vessel which represents the perfect that is feasible when nations and companies work together to realize nice issues. These vessels will likely be used to supply a dependable clear supply of vitality to Europe and past, adding the power variety of those nations for a few years to come.”

In addition, on August, 28th Qatargas and Nakilat will title three extra Q-Max vessels at a second Naming Ceremony to be held at Daewoo Shipbuilding & Marine Engineering Ltd. shipyard. The primary ship “Al Ghuwairiya” might be named by Mrs. Pascale Darricarrere, partner of Mr. Yves-Louis Darricarrere, President, Total Exploration & Production. The second and third vessels, “Lijmiliya” and “Al Samriya”, petrochemical short definition might be sponsored by Mrs. Hollis Kazmann, spouse of Mr. Tom Walters, Executive Vice President ExxonMobil Improvement petrochemical short definition Firm, and Mrs. Julia Richardson, spouse of Mr. Andy Richardson, Transport Project Manager, Qatargas Operating Firm Ltd. respectively.

Prior to the ceremony, Mr. James Adams, Chief Working Officer of Qatargas 2, commented: “Qatar Petroleum, Qatargas and ExxonMobil pioneered the development of the Q-Max LNG service, making it doable for liquefied natural gas from Qatar to be shipped safely and economically to all corners of the world. We want to thank each of the shipyards, our Qatargas 2 teams and everyone involved for their outstanding efforts in delivering these ships safely and on time.”

petrochemical ProductsMr. Muhammad Ghannam, Nakilat’s Managing Director mentioned, “Over the following 2 years, all of our a hundred% wholly-owned 25 new LNG ships, 14 Q-Max and 11 Q-Flex, will likely be totally operational. These twenty-5 vessels, along with our 29 jointly-owned ships are part of our fifty four vessel fleet currently being constructed by Korean shipyards. Thirty-two of those LNG carriers can be devoted to Qatargas.”

The Q-Flex and the even bigger Q-Max are a brand new era of LNG mega-ships. The Q-Max has 80 p.c more capability than typical LNG carriers with about 40 p.c lower energy necessities because of the economies of scale created by their size and the effectivity of the engines. Q-Max LNG carriers are unique and function built for Nakilat and will probably be on long-term charter to Qatargas.

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