Exxon Mobil Corporation (ExxonMobil) and Mitsui O.S.K. Lines, Ltd. (MOL) announced today that they have selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong), a subsidiary of China State Shipbuilding Corporation, to build four LNG carriers in China. These carriers will provide LNG transportation from the Papua New Guinea (PNG) and Gorgon Jansz LNG projects and will be jointly owned by MOL and China Shipping (Group) Company (CS), MOL press release said.
A ceremony was held in Beijing today to celebrate the execution of a Project Development Agreement and a Heads of Agreement for Shipbuilding Contracts in the presence of Mr. Zhang Guobao, vice chairman, National Development and Reform Commission, and minister, National Energy Administration; Mr. Mark Albers, senior vice president, Exxon Mobil Corporation; Mr. Akimitsu Ashida, chairman, Mitsui O.S.K. Lines, Ltd.; Mr. Zhang Guofa, vice president, China Shipping (Group) Company; Mr. Tan Zuojun, president, China State Shipbuilding Corporation and Mr. Wang Yong, president, Hudong Zhonghua Shipbuilding (Group) Co., Ltd.
In 2009, an ExxonMobil affiliate and its co-venturers in the PNG LNG project entered into a sales and purchase agreement with Sinopec for the long-term supply of LNG totaling approximately 2.0 million tonnes per annum. Also in the same year, an affiliate of ExxonMobil and PetroChina signed a sales and purchase agreement for the long-term supply of approximately 2.25 million tonnes per annum of LNG from ExxonMobil's equity share of the Gorgon Jansz LNG project in Western Australia.
The four LNG carriers are scheduled for delivery in the 2015-2016 period.
A ceremony was held in Beijing today to celebrate the execution of a Project Development Agreement and a Heads of Agreement for Shipbuilding Contracts in the presence of Mr. Zhang Guobao, vice chairman, National Development and Reform Commission, and minister, National Energy Administration; Mr. Mark Albers, senior vice president, Exxon Mobil Corporation; Mr. Akimitsu Ashida, chairman, Mitsui O.S.K. Lines, Ltd.; Mr. Zhang Guofa, vice president, China Shipping (Group) Company; Mr. Tan Zuojun, president, China State Shipbuilding Corporation and Mr. Wang Yong, president, Hudong Zhonghua Shipbuilding (Group) Co., Ltd.
In 2009, an ExxonMobil affiliate and its co-venturers in the PNG LNG project entered into a sales and purchase agreement with Sinopec for the long-term supply of LNG totaling approximately 2.0 million tonnes per annum. Also in the same year, an affiliate of ExxonMobil and PetroChina signed a sales and purchase agreement for the long-term supply of approximately 2.25 million tonnes per annum of LNG from ExxonMobil's equity share of the Gorgon Jansz LNG project in Western Australia.
The four LNG carriers are scheduled for delivery in the 2015-2016 period.