China's SOE awarded US$2.8b Qatar tanker deal


A liquefied natural gas tanker, built by a subsidiary of China State Shipbuilding Corp, docks at a terminal in Qingdao Port, Shandong province. - China Daily

BEIJING (China Daily/ANN): China State Shipbuilding Corp, the world's largest shipbuilder, on Wednesday (April 22) inked a 20 billion yuan (US$2.8 billion) deal to supply liquefied natural gas tankers to Qatar Petroleum, the world's largest LNG supplier, the biggest export deal in China's shipbuilding sector.

The Chinese State-owned conglomerate, popularly known as CSSC, said the tankers would be built by Hudong-Zhonghua Shipbuilding, its unit in Shanghai.

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