Qatar has reserved its berths for its large haul of up to 151 LNG carrier newbuildings at a competitive price that should help reduce the risk to shipowners bidding on the business, according to Teekay LNG Partners.

Answering analysts questions on a first quarter results briefing, Teekay Gas president and chief executive officer Mark Kremin said the company has expressed interest in Qatar Petroleum’s tender for LNG newbuildings.