Another of the world's largest and most advanced Q-Max LNG carriers was delivered to Nakilat and chartered on long term contract.
Today another of the world's largest and most advanced Q-Max LNG carriers was delivered to Nakilat and chartered on long term contract to Qatargas Operating Company Limited at Samsung Heavy Industries Co. Ltd. shipyard on Geoje Island. The Nakilat owned Q-Max LNG Carrier 'Al Mayeda' (266,000 CBM) will be used to ship LNG produced by Qatar Liquefied Gas Company Limited (3), known as Qatargas 3, to markets primarily in the United States.
The Q-Flex and the even larger Q-Max are a new generation of LNG mega-ships. The Q-Max has 80 percent more capacity than conventional LNG carriers with about 40 percent lower energy requirements due to the economies of scale created by their size and the efficiency of the engines. Q-Max LNG carriers are unique and purpose built for Nakilat and allow for more efficient transport of Qatar's natural gas to markets throughout the world.
Qatargas 3 shareholders are Qatar Petroleum, ConocoPhillips and Mitsui & Co., Ltd.