NewsNorth AfricaAlgeria orders $40 mn LPG vessel from China

Tue,18Sep2018

Posted on Tuesday, 17 May 2016 08:36

Algeria orders $40 mn LPG vessel from China

By Lamine Chikhi

LNG Storage. File photo©ReutersA subsidiary of Algerian state energy company Sonatrach has awarded two Chinese firms a $40 million deal to deliver a liquefied petroleum gas (LPG) carrier and an option to provide a second vessel.

Sonatrach's Hyproc Shipping Company chose Chinese consortium Jiangnan Shipyard and China Shipbuilding Trading Company Ltd for the provision of a carrier with a capacity of between 11,000 and 13,000 m3, a Sonatrach document seen by Reuters said.

It said an offer from Hyundai Mipo Dockyard, a South Korean consortium, had been rejected.

Algeria is boosting its transport capacity to meet growing European Union gas demand. The North African country already has eight liquefied natural gas (LNG) vessels and six LPG carriers, as well as two vessels to transport bitumen. 



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