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HER HIGHNESS SHEIKHA MOZAH BINT NASSER AL-MISSNED NAMES WORLD’S LARGEST LNG CARRIER QATARGAS TO RECEIVE FIRST NAKILAT Q-MAX VESSEL
July 11, 2008 BUSAN, SOUTH KOREA
H.E. Abdulla Bin Hamad Al Attiyah, Deputy Premier, Minister of Energy and Industry, State of Qatar, and Chairman of Nakilat, said; “Today history is made. This ship is not only the largest and most advanced LNG carrier in the world; it also demonstrates our ability to achieve our vision of becoming the largest LNG shipowner in the world. In addition, it shows the vision and dream of a nation, the determination and capability of an industry, and the dedication and commitment of thousands of individuals from around the globe who have contributed to Qatar’s LNG industry and to this remarkable achievement.” Faisal Al Suwaidi, Qatargas Chief Executive Officer, said of the event; “Today is another first that Qatargas has pioneered. We feel privileged to be able to name this ship in honour of Her Highness Sheikha Mozah Bint Nasser Al Missned. Qatargas is proud to contribute to the State of Qatar and play its role in meeting the vision for the nation.” Muhammad Ghannam, Nakilat Managing Director, said; “The naming of the LNG carrier “MOZAH” is a very special and key milestone for Nakilat as we are celebrating the very first of our 14 Q-Max ships. “MOZAH” is also the first of twenty-five wholly-owned LNG carriers in our fleet of 54 vessels which are being built in the Korean shipyards to serve Qatar’s massive LNG expansion projects.” “MOZAH” will be used to ship LNG produced by Qatar Liquefied Gas Company Limited (II), known as Qatargas 2, to customers in Europe. 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 requirement 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, the sole owner of the vessels. “MOZAH” will be on a long-term charter to Qatargas. Qatargas 2 shareholders are Qatar Petroleum, ExxonMobil Qatargas II Limited and Total E&P Qatargas II Holdings LTD.
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BUSAN, SOUTH KOREA (11 July 2008) – Today Her Highness Sheikha Mozah Bint Nasser Al-Missned named the first Q-Max (266,000 CBM) LNG Carrier, “MOZAH”, the world’s largest LNG vessel built to date. The special ceremony was held at Samsung Heavy Industries shipyard on Geoje Island.
