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Nakilat Appoints Shell To Manage Company’s Fleet Of New LNG carriers
Qatar, November 19, 2006
The agreement will involve Shell providing a range of shipping services to Nakilat including ship management as well as the transfer of know how and expertise to allow Nakilat to develop its own LNG Ship Management Company in Qatar. This new fleet of LNG vessels, currently under construction, will be put into service over the next four years to transport product from four of Qatar’s major LNG projects: Qatargas II (Train 5), Qatargas 3 (Train 6), and, subject to the agreement of the JV partners, RasGas III (Train 7) and Qatargas 4 (Train 7). These vessels will have capacities of approximately 215,000 m3 and 265,000 m3.
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manage its fleet of at least 27 new LNG carriers in a 25 year deal. Under this
arrangement it is expected that Operational Management will be transferred to
Nakilat within 12 years.
