LNG

Qatar Gas Transport Company, better known as Nakilat, has kept first-half net profit broadly flat at 857 million Qatari Riyals, even as its Marine Services segment was “significantly affected” by the military conflict in the region.

More than forty Qatari LNG carriers, some 3.4mmt of carrying capacity, waiting in- and outside Hormuz, eager to follow Disha’s open crossing. Vessels are not the constraint. The strait and the offline Ras Laffan trains are.

China National Offshore Oil Corp. said it had launched its largest liquefied natural gas carrier, named the “Pan Asia” with 174,000 cubic metres capacity and one of four being constructed by Hudong-Zhonghua Shipbuilding Group to carry shipments mainly from the Queensland Curtis export plant in eastern Australia.

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April 1 (LNGJ) - The 135,225 cubic metres capacity “Golar Mazo” is unloading a shipment of LNG delivered from the Indonesian Bontang plant to the Yung-An import terminal in Taiwan, according to shipping data. The 147,500 cubic metres capacity “LNG Ebisu” has docked at the Australian Pluto LNG export terminal at Dampier in Western Australia to load a cargo. The 210,100 cubic metres capacity Qatari Q-Flex carrier “Al Ruwais” will deliver a shipment on April 5 to the Chinese import terminal at Zuhuai, operated by China National Offshore Oil Corp. The 210,100 cubic metres capacity Qatari Q-Flex carrier “Al Ghariya” will deliver a cargo on April 13 to the Japanese import terminal at Futtsu, operated by Tokyo Electric Power Co.

BW Gas, the gas shipping company, posted record third-quarter earnings before depreciation and disposals of $99.2 million as the LNG and LPG segments significantly increased their operating profit.

Qatar Gas Transport Co. (Nakilat), the state-controlled liquefied natural gas carrier company, said it plans to raise up to $4.3 billion from various sources to fund the building of 16 LNG carriers.