Monday, 21 March 2011

China to built four LNG carriers for ExxonMobil

ExxonMobil Corp. and Mitsui OSK Lines have selected Hudong-Zhonghua Shipbuilding Co., a subsidiary of China State Shipbuilding Corp., to build four LNG carriers in China.

Two vessels will be used to transport LNG from ExxonMobil’s PNG-LNG project in Papua New Guinea and the other two are earmarked for Gorgon-Jansz project off Western Australia.

The vessels will be jointly owned by Mitsui and China Shipping Co. Delivery is slated for 2015-16.

They each will have a carrying capacity of 172,000 cu m of LNG.

ExxonMobil’s PNG-LNG project has already chartered two other tankers (each with 177,000 cu m capacity). When production begins there in 2015, the four carriers will keep the new terminal at Port Moresby operating around the clock with ships loading every 3-4 days.