ExxonMobil, Mitsui tap China State Shipbuilding for four new LNG tankers

By Phaedra Friend Troy

According to a report from Dow Jones Newswires, US super-major ExxonMobil (NYSE:XOM) and Japanese Mitsui have contracted China State Shipbuilding Corp. to build four new LNG tankers.

A subsidiary of China State Shipbuilding Corp., Hudong-Zhonghua Shipbuilding will build the tankers, reported Dow Jones, citing Xinhua news agency.

Planned to transport LNG from Australia and Papua New Guinea to China, the massive ships are scheduled for completion in 2015 and 2016.

Multiple LNG projects in Asia Pacific, including PNG LNG and Gorgon are set to supply liquefied natural gas to China in the coming years.



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs