GasLog Partners Signs New Charter Agreement with Cheniere Energy

By Aiswarya Lakshmi
Tuesday, June 19, 2018

 GasLog Partners announced that it has entered into a new multi-year time charter for the GasLog Sydney with a wholly owned subsidiary of Cheniere Energy scheduled to commence in 2018.

The charterer has options to extend the charter for up to two consecutive periods at escalating rates.
GasLog Sydney is a 155,000 cbm tri-fuel diesel electric liquefied natural gas (LNG) carrier built in 2013 and currently on a multi-year time charter with a wholly owned subsidiary of Royal Dutch Shell plc through September 2018. 
The vessel is currently undergoing a scheduled dry-docking during which the Partnership is enhancing its future marketability through the installation of a reliquefaction module.
Andy Orekar, Chief Executive Officer of GasLog Partners, stated, "I am very pleased to announce the signing of this charter agreement with Cheniere, the Partnership’s second agreement this year with a new and high-quality counterparty. The execution of the charter further diversifies our customer base and increases our contracted revenue visibility, supporting our year-on-year distribution growth guidance of 5% to 7% in 2018.”
GasLog Partners is a growth-oriented master limited partnership focused on owning, operating and acquiring LNG carriers under multi-year charters. GasLog Partners' fleet consists of 13 LNG carriers with an average carrying capacity of approximately 156,000 cbm.
Categories: Contracts LNG Tankers Vessels

Related Stories

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

Marco Polo Picks Salt Ship Design for Next-Gen Offshore Energy CSOV

Technip Energies Gets FEED Job for Inpex’ Abadi LNG Project in Indonesia

Shipbuilder Delivers Fast Crew Boat Pair to Aesen

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

Santos and QatarEnergy Agree Mid-Term LNG Supply

Current News

ABL Secures Rig Moving Assignment with India's ONGC

Pakistan, Türkiye Deepen Oil and Gas Ties with Offshore Indus-C Block Deal

Eni-Petronas Gas Joint Venture Up for Launch in 2026

Vietsovpetro Brings BK-24 Oil Platform Online Two Months Early

Propane’s Economic Edge for Ports During Trade Uncertainty

Shell’s Brazil-Bound FPSO Starts Taking Shape

Ventura Offshore’s Semi-Sub Rig to Keep Drilling for Eni in Asia

SBM Offshore, SLB to Optimize FPSO Performance Using AI

MODEC Ramps Up Hammerhead FPSO Work After ExxonMobil's Go-Ahead

Aesen, DOC JV Targets Subsea Cable Logistics

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com