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Last Updated: Aug 26, 2008 - 1:37:26 PM |
Output is forecast to rise by as much as 14% next year as projects in
Qatar and Indonesia start production.
Meanwhile, worldwide demand for LNG is forecast to rise from last
year's 226 billion m³ (165 million tonnes) to 320 billion m³ (234
million tonnes) by 2010, and 790 billion m³ (577 million tonnes) by
2030, respectively.
The report said the global LNG tanker fleet would have to increase from
the existing 260 vessels to some 700 ships by 2030 to meet that growth
in demand.
The BP Statistical Review of World Energy June 2008 said global LNG
trade rose 7.3% to 165.3 million tonnes last year.
“New LNG projects are starting up in Qatar, Indonesia, Yemen, Australia
and Russia and all these will necessitate an increase in LNG tankers.
Demand is rising worldwide,” Abdullah Al Shuraim, chairman of Gulf
Navigation Holding PJSC, has been quoted saying.
According to him, Qatar is stepping up its efforts to “take advantage
of growing demand, expanding into new markets and strengthening its
production, processing and shipping capacities”.
A spokesman for Qatar Gas Transport Co. Ltd (Nakilat) told Tankerworld
in July that his company would be taking delivery of the world's
biggest LNG tanker from Samsung Heavy Industries (SHI) this month.
Slated to supply gas to the US and Europe at lower costs, the $290
million, 266,000 m³ 'Q-Max' named Mozah will carry almost 80% more
cargo than conventional ships.
Ten more such tankers are due to be delivered to Qatar Gas by 2010.
Qatar, the world's largest producer of LNG, has ordered 45 LNG tankers
from South Korean shipyards such as Daewoo Shipbuilding and Marine
Engineering Ltd., including 18 from SHI.
Source:Ocnus.net 2008
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