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The Second And Third Vessels

South Korea, August twenty sixth, 2008: In the present day Qatargas and Nakilat named two extra of the world’s largest Q-Max LNG Carriers at a special ceremony held at Samsung Heavy Industries coal gasification hazards shipyard on Geoje Island.

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

Mr. Ghanim Al-Kuwari mentioned; “It is an honour to be here at this time to name this vessel which represents the perfect that is feasible when nations and corporations work together to realize nice issues. These vessels can be used to provide a dependable clear supply of power to Europe and past, adding the energy variety of these nations for a few years to come.”

In addition, on August, twenty eighth Qatargas and Nakilat will title three more Q-Max vessels at a second Naming Ceremony to be held at Daewoo Shipbuilding & Marine Engineering Ltd. shipyard. The first ship “Al Ghuwairiya” coal gasification hazards might be named by Mrs. Pascale Darricarrere, partner of Mr. Yves-Louis Darricarrere, President, Whole Exploration & Production. The second and third vessels, “Lijmiliya” and “Al Samriya”, can be sponsored by Mrs. Hollis Kazmann, spouse of coal gasification hazards Mr. Tom Walters, Government Vice President ExxonMobil Growth Company, and Mrs. Julia Richardson, partner of Mr. Andy Richardson, Delivery Venture 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 event of the Q-Max LNG carrier, making it possible for liquefied natural gasoline from Qatar to be shipped safely and economically to all corners of the world. We wish to thank each of the shipyards, our Qatargas 2 teams and everyone involved for their excellent efforts in delivering these ships safely and on time.”

Mr. Muhammad Ghannam, Nakilat’s Managing Director said, “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 fully operational. These twenty-five vessels, along with our 29 jointly-owned ships are part of our fifty four vessel fleet at present being constructed by Korean shipyards. Thirty-two of these LNG carriers will be dedicated to Qatargas.”

The Q-Flex and the even bigger Q-Max are a brand new technology of LNG mega-ships. The Q-Max has 80 percent more capacity than typical LNG carriers with about forty percent decrease power necessities as a result of economies of scale created by their dimension and the efficiency of the engines. Q-Max LNG carriers are distinctive and goal constructed for Nakilat and will likely be on long-time period charter to Qatargas.