Qatar has signed a milestone LNG newbuilding berth reservation deal for a potential 16 vessels worth CNY 20bn ($2.85bn) with China’s Hudong-Zhonghua Shipbuilding (Group).

The deal comes as it moves to ink agreements on up to 120 slots over the coming few months.

Photos released in China show a “deed of agreement” (DOA) for the reservation of slots and options to purchase LNG carriers being signed over video conference by officials from CSSC and Qatar Petroleum.