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Samsung - new Qatar LNG deal

  • Qatar: Thursday, December 26 - 2002 at 14:47

South Korean shipbuilder Samsung Heavy Industries has signed a $157 million deal with Qatar for the construction of an LNG transporter. The carrier, with the capacity to carry 138,000 cubic meters of LNG, is expected to be delivered to Qatar's Ras Laffan LNG Transport company by Mid-2005. Earlier this year, Samsung won a $122 million contract for the construction of three liquefied petroleum gas storage tanks for Qatar's state-run petroleum company.

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