DSME wins contract to build LNG carrier for Qatar

Daewoo Shipbuilding & Marine Engineering (DSME), South Korean shipbuilder, has won a KRW 1.07 trillion ($851.7 million) order for the construction of four LNG carriers for the Qatar LNG project.

The newbuild will be equipped with a low-pressure dual-fuel propulsion engine (ME-GA) and re-liquefaction facility, which is an eco-friendly ship that can significantly reduce air pollutant emissions.

The ships will be built at the Okpo Shipyard and delivered by the first quarter of 2025 for use in QatarEnergy’s North Field Expansion Project.

The North Field lies off the northeast shore of the Qatar peninsula and is one of the largest single non-associated natural gas fields in the world.

In addition, the latest technologies such as DS4, DSME’s smart ship solution, will be applied for efficient ship operation.

Qatar, the world’s largest LNG producer, has been carrying out a project to increase its annual LNG production from 77 million tons to 126 million tons.

As part of this, in 2020, QatarEnergy signed an agreement with DSME, Hyundai Heavy Industries (HHI) and Samsung Heavy Industries (SHI) to reserve LNG carrier construction capacity.