Move will consolidate Abu Dhabi's role as a key player in the green hydrogen sector
Qatar’s Energy and Industry Minister Abdullah bin Hamad al-Attiyah said the project will be used to “repair and maintain ships for Qatar, other countries of the world, and even aircraft carriers and oil tankers.”
The shipyard is a joint venture in which Qatar Gas Transport Co (QGTC), also known as Nakilat, owns 80 percent and Keppel the other 20 percent.
The project aims to be completed in 2013, said Nakilat managing director Mohammed Ghannam.
It is located in the industrial area of Ras Laffan in northern Qatar, near the liquefied natural gas (LNG) terminals used by QGTC which has a fleet of 54 tankers.
Qatar holds the world’s third-largest natural gas reserves, estimated at more than 900 trillion cubic feet (25 trillion cubic metres), after Russia and Iran.
A member of the Organisation of Petroleum Exporting Countries, the Arab state in the Gulf also produces some 800,000 barrels of crude oil per day.
Move will consolidate Abu Dhabi's role as a key player in the green hydrogen sector
The Delhi Capitals captain delivered some eye catching glovework taking two catches and effecting a stunning stumping against Gujarat Titans on Wednesday
In 10 years, the sector with 928,000 positions is projected to employ one in 9 residents
Adnoc will pay up to $1.195 billion, along with up to $4.18 million in applicable interest
Italian coach praises his team who 'gave their all' to secure victory in a pulsating Champions League quarter-final on Wednesday
With hundreds of vehicles abandoned on the road and motorists assessing their cars, fear mounts of further damage
Manchester City's dream of becoming the first team in history to claim the three titles in back-to-back years falls to pieces in penalty shootout loss
After an absence of nearly 850 days, the popular game is bringing back the cosmetic skin to its shop