Subscribe to RSS feedChinese yards vie for PNG carrier deal
by
Martyn Wingrove, London
—
last modified
Jan 15, 2010 09:45 AM
CHINESE yards will compete for just one new liquefied natural gas carrier order for a new Papua New Guinea LNG export facility despite the requirement for at least five ships for shipments.
Negotiations over shipping for the PNG LNG project, which is led by US oil major ExxonMobil, should be concluded in the first quarter of this year, with one newbuilding order going to China.
Existing vessels will be used to ship...
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