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Reading Based BG Group Signs Agreement With South Korea
19 May 2008 09:31
Company Profile
Reading-based BG Group has signed an agreement with South Korea’s Samsung Heavy Industries for the delivery of two new-build dual-fuel diesel electric (DFDE) LNG ships.
The new ships will each have a cargo capacity of 170,000m3 and are scheduled for delivery in 2010.
‘These two new vessels are sister ships to the vessels BG ordered from Samsung in 2006,’ said Martin Houston, BG Group executive vice president, Americas and Global LNG. ‘Their addition to the BG fleet will further enhance performance and provide increased flexibility in meeting the growing demand by our customers throughout the world for natural gas.’
Samsung will build, equip, launch and deliver the ships, which will use the GTT Mark III membrane cargo containment system
BG Group's current LNG shipping fleet consists of more than 20 vessels that are comprised of owned and chartered ships. To date, Samsung has constructed and delivered eight ships for BG Group. These new ships are intended to replace chartered tonnage when delivered.
Qimtek Ltd