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Nakilat mulls LPG expansion

Nakilat mulls LPG expansion

Doha: Qatar Gas Transport Co (Nakilat) may expand its fleet of liquefied petroleum gas (LPG) ships as it increases transportation of the product, its managing director said.?
"Quite a bit of the LPG we are now selling on an FOB (free on board) basis, where (customers) buy it and provide the transportation themselves," Nakilat's Managing Director Muhammad Ghannam told Reuters in an interview.
?"In future we might try to change the arrangement to providing transport of LPG, which means we would increase our fleet eventually," he said in an interview.
?"We are getting a good price now when we sell LPG on an FOB basis to buyers who have the shipping capacity."?The company, which currently has four LPG vessels in addition to its 54 liquefied natural gas (LNG) tankers, ships Qatar's liquefied natural gas (LNG) to overseas markets. It is the world's largest shipper of LNG. [17/12/10]


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