QatarEnergy Orders Six More LNG Vessels from China State Shipbuilding

QatarEnergy Orders Six More LNG Vessels from China State Shipbuilding
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QatarEnergy Orders Six More LNG Vessels from China State Shipbuilding

QatarEnergy Orders Six More LNG Vessels from China State Shipbuilding

QatarEnergy has signed a deal with China State Shipbuilding Corporation to buy six additional ultra-large ships to carry liquefied natural gas, it said on Monday, raising such vessels it has on order to 128 as part of a fleet-expansion programme.

The ships, QC-Max, are the largest LNG vessels ever built, with a capacity of 271,000 cubic metres each, QatarEnergy said, Reuters reported.

They will be built at China's Hudong-Zhonghua shipyard, with delivery expected between 2028 and 2031.

QatarEnergy, already among the world's top LNG exporters, will boost its position with its North Field expansion project, which will ramp up Qatar's liquefaction capacity from 77 million tons per annum to 142 mtpa by 2030.

The agreement with CSSC takes the total number of QC-Max vessels on order by QatarEnergy to 24, worth a total of about $8 billion, QatarEnergy said.



Egypt to Auction $950 million in One-year Dollar T-bills on April 28, Central Bank Says

The CMA CGM Greenland container ship is seen at sea with Paris 2024 and the Olympic rings on it during the Olympics torch relay ahead Paris 2024 Olympic games, in Marseille, France, May 9, 2024. REUTERS/Benoit Tessier/File Photo
The CMA CGM Greenland container ship is seen at sea with Paris 2024 and the Olympic rings on it during the Olympics torch relay ahead Paris 2024 Olympic games, in Marseille, France, May 9, 2024. REUTERS/Benoit Tessier/File Photo
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Egypt to Auction $950 million in One-year Dollar T-bills on April 28, Central Bank Says

The CMA CGM Greenland container ship is seen at sea with Paris 2024 and the Olympic rings on it during the Olympics torch relay ahead Paris 2024 Olympic games, in Marseille, France, May 9, 2024. REUTERS/Benoit Tessier/File Photo
The CMA CGM Greenland container ship is seen at sea with Paris 2024 and the Olympic rings on it during the Olympics torch relay ahead Paris 2024 Olympic games, in Marseille, France, May 9, 2024. REUTERS/Benoit Tessier/File Photo

Egypt is set to auction $950 million in one-year dollar treasury bills on April 28 to be settled the following day, the central bank said on Sunday, Reuters reported.

The bills will replace $997.6 million in maturing dollar treasury bills that carried an average weighted yield of 5.149%.