SEOUL -- Samsung Heavy Industries said Wednesday it has won orders for 14 liquefied natural gas carriers worth 3.9 trillion won ($3 billion) as European countries reduce natural gas purchases from Russia and look for alternative sources of the fuel in the wake of the Ukraine invasion.
Orders received were for ships each with a tank capacity of 170,000 cu. meters. The scale of the orders coming in at one time is the largest ever for the South Korean shipbuilding industry. State-owned Qatar Petroleum, which has said it intends to order the vessels on a mass scale, appears to be among the customers.