Samsung Heavy Completes Construction of Worlds No. 1 LNG Tanker

Samsung Heavy completes construction of worlds no. 1 LNG tanker

SEOUL, July 11 (Xinhua) — Samsung Heavy Industries Co. of South Korea, the world’s second-largest shipyard, said Friday it has completed building the world’s largest liquefied natural gas ( LNG) tanker.

Mozah, the name of the 266,000-cubic-meter tanker, will be transferred to Qatar in August, and supply gas to the United States and Europe, said Samsung.

Samsung Heavy Industries won the 290 million U.S. dollar contract to build the LNG tanker in March 2006, the then largest- ever contract, the company said.

Samsung said by 2010 it plans to deliver 10 additional LNG tankers of the same size to Qatar.

Qatar, the world’s biggest LNG producer, has ordered 45 LNG tankers from three Korean shipyards including Samsung Heavy Industries Co. and Hyundai Heavy Industries Co., each capable of carrying more than 200,000 cubic meters, according to Yonhap, South Korean news agency.

Of the 45 tankers, Samsung Heavy Industries has won the order of 18 LNG tankers.

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