FINANCIAL NEWS

Qatar’s Nakilat inks USD662m refinancing deal

02 Jul 2013

(MENAFN) Qatari LNG shipper Maran Nakilat, a joint venture between Qatar Gas Transport CO (Nakilat) and Greece-based Maran Ventures, has signed a USD662 million loan refinancing deal, as it seeks to boost its fleet of LNG carriers to six ships from four, Reuters reported.

Nakilat said the deal had also increased its shareholding in the company without going into details of the ownership structure of the company either before or after the change.

The vessels being added to Maran Nakilat’s fleet are already under construction in Korea, the company said. Delivery is scheduled for early 2014.

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