Home Industry Energy Amid massive LNG expansion, QatarEnergy bulks up shipping fleet QatarEnergy has finalised a number of charter contracts with several Asian ship owners to bolster its shipping fleet by 19 LNG vessels by Reuters March 31, 2024 QatarEnergy CEO Saad Al Kaabi announced on Sunday that the company has finalised a number of 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, three vessels from MISC Berhad and four vessels from Kawasaki Kisen Kaisha and Hyundai Glovis. QatarEnergy had previously contracted for 77 ships to be built at Korean and Chinese shipyards in the first phases of its LNG ship acquisition programme. QatarEnergy’s North Field expansion will boost its position as the world’s top LNG exporter. It includes eight LNG trains that will ramp up Qatar‘s liquefaction capacity from 77 million tons per annum (mtpa) to 142 mtpa by 2030, an 85 per cent increase in production. Tags LNG Qatar QatarEnergy You might also like Saudi Aramco expects additional oil demand of 1.3 million bpd in 2025 France’s TotalEnergies starts construction on Iraq gas project Qatar eyes 3.4% non-oil growth, $100bn FDI by 2030 ADNOC Gas invests $2.1bn to advance LNG supply infrastructure