Hudong-Zhonghua names Pan Asia LNG carrier

Pan Asia LNG carrier, set to transport liquefied natural gas from the QCLNG project in Australia to China, has been named at the Hudong-Zhonghua Shipbuilding’s yard. 

The 174,000-cbm vessel is the first of four to be built by the Chinese shipyard for joint investors, CNOOC Energy Technology & Services Limited, Teekay, BW Group and China LNG Shipping.

The vessel completed sea trials in June this year and is expected to be delivered on October 10. The three remaining LNG carriers, currently under construction at the shipyard are scheduled for delivery by 2019.

CNOOC that owns a 50 percent equity stake in QCLNG’s Train 1 has a deal in place for the supply of 3.6 mtpa for a period of 20 years.

All four vessels will operate under 20-year time-charter deals with Methane Services Limited, a former unit of BG Group, now part of Shell.

LNG World News Staff