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QatarEnergy Signs $6 Billion Deal With China Shipbuilder

Saad Sherida Al-Kaabi, Qatar's Minister of State for Energy Affairs, the President and CEO of QatarEnergy, met in Beijing with Mr. Wen Gang, the Chairman of China State Shipbuilding Corporation on April 29, 2024. Image via QatarEnergy.

A Chinese ship-building giant will construct 18 huge gas carriers for QatarEnergy under a $6 billion deal the Gulf firm announced on Monday. The firm hails it as the largest ever such contract.

The China State Shipbuilding Corporation (CSSC) is set to deliver eight Liquified Natural Gas (LNG) vessels in 2028 and 2029, and the others in 2030 and 2031, the energy company said.

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