AsiaContracts and TendersVessels

Jiangnan confirms Adnoc LNG carrier order

By LNG Prime Staff
Jiangnan confirms Adnoc LNG carrier order
Image: Jiangnan Shipyard

China’s Jiangnan Shipyard confirmed it has secured an order from a unit of UAE’s Abu Dhabi National Oil Co (Adnoc) to build two large LNG carriers.

The shipbuilder controlled by China State Shipbuilding Corporation said in a statement on Wednesday it has signed the contract with Adnoc Logistics & Services.

Under the deal, Jiangnan would build two 175,000-cbm “LNG Jumbo” carriers featuring GTT’s Mark III Flex membrane system, it said.

Jiangnan said the dual-fuel carriers would also have a partial reliquefaction system.

This is the shipbuilder’s first order for large LNG carriers. It also marks China’s first order in the field of large LNG carriers for the international market, Jiangnan said.

Jiangnan did not reveal the price tag of the deal or the delivery windows for the vessels.

LNG Prime reported on this order, citing sources, on March 2.

The order also includes an option for two additional vessels, the sources said.

Adnoc would pay about $200 million per ship while Jiangnan would deliver the LNG carriers in the first half of 2025, the sources said.

Most Popular

Contracts and Tenders

Woodside: RWE’s deal with Stonepeak has no impact on Louisiana LNG ownership structure

RWE's agreement with US private equity firm Stonepeak has no impact on Louisiana LNG ownership structure, a Woodside spokesperson told LNG Prime.
Contracts and Tenders

McDermott JV lands Rovuma LNG gig

Houston-based McDermott, through a consortium with Italy’s Saipem, South Korea's Daewoo Engineering & Construction, and China Petroleum Engineering and Construction Corporation, has been awarded a letter of intent including limited engineering and procurement services for the ExxonMobil-led Rovuma LNG project in Mozambique.
Vessels

BW’s steam LNG carrier set for FSRU conversion

BW LNG's 2006-built steam vessel, LNG Benue, is set to be converted into a floating storage and regasification unit, according to China’s Huarun Dadong Dockyard (HRDD).
spot_img

More News Like This

Corporate

Adnoc Gas says Q2 net income drops to $665 million

Adnoc’s gas and LNG unit, Adnoc Gas, reported a net income of $665 million in the second quarter of this year, a drop of 52 percent year-on-year due to disruptions caused by the ongoing Middle East conflict. Adnoc Gas has also taken the final investment decision on the second and third phases of its Rich Gas Development (RGD) project.
LNG Terminals

UAE’s Adnoc takes FID on $6.2 billion gas project

UAE's energy giant Adnoc said on Tuesday it is accelerating its integrated global gas growth strategy with a $6.2 billion final investment decision (FID) to develop the Umm Shaif gas cap project in Abu Dhabi alongside its international partners TotalEnergies, Eni, and CNPC.
Vessels

Adnoc L&S orders LNG carrier quartet in China

UAE’s Adnoc L&S, a unit of state-owned energy giant Adnoc, has ordered four liquefied natural gas (LNG) carriers from China’s Jiangnan.
Contracts and Tenders

Adnoc, Inpex seal 15-year Ruwais LNG SPA

UAE’s Adnoc has signed a 15-year sales and purchase agreement with a unit of Japan's Inpex to supply the latter with LNG from its terminal in Al Ruwais.