Commonly known as ‘QatarGas’, Qatar Liquefied Gas Co (QLGC), exporter as well as producer of fuel, delivered its first shipment to Japan on a Q-Max vessel.
One of Q-Max’s ships, Mozah, is one of the biggest ships on the globe with a capacity of carrying 266,000 cubic-meters of fuel.
QatarGas is looking for more ports in the UK and US for Q-Max vessels amid forecasts that LNG demand in North America is going to decrease as a result of growing domestic gas production.
As stated by Qatar Gas Transport Co, by the end of 2010 they will have gained 14 Q-Max ships long term contracts.
Being one of the biggest global exporters of LNG, Qatar is working hard to improve its yearly capability to produce 77 million tons of fuel before the end of the year. This progress will be accelerated with the establishment of world’s three biggest LNG producing plants in 2010. This ambitious plans will help create more jobs in Qatar and boost the economy.
QatarGas is a joint venture between Qatar Petroleum and major oil companies such as Royal Dutch Shell Plc, Exxon Mobil, ConocoPhillips, Total SA.Andrew Reid, Staff Writer, Gulf Jobs Market News