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Qatar lets contracts for 6-8 LNG tankers

LOS ANGELES, Sept. 2 (UPI) -- Qatar Gas Transport Co. will pay between $1.38 billion and $1.84 billion for liquid natural gas tankers to export the commodity.

QGTC plans on letting contract for six to eight LNG tankers at a cost of about $230 million each.

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QGTC expects to name the winning bids and sign a construction deal in October, the Oil & Gas Journal reported Thursday.

The tankers, which will ship the LNG to Britain, will be operated by a joint venture of Qatar Petroleum, ExxonMobil Corp. and Total SA, a French energy company.

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