LogIn LogOut

GasLog Partners Signs New Charter Agreement with Cheniere Energy

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.


Current News

LNG Momentum Swinging Back to Asia as Europe Demand Eases: Russell

LNG Momentum Swinging Back to Asia as Europe Demand Eases: Russell

MEO Group Orders Five Crew Boats from Penguin

MEO Group Orders Five Crew Boats from Penguin

Palantir, Trafigura to Track Carbon Emissions for Oil, Metals industry

Palantir, Trafigura to Track Carbon Emissions for Oil, Metals industry

ADNOC, BP and Masdar in Hydrogen and Technology Partnership

ADNOC, BP and Masdar in Hydrogen and Technology Partnership

Keppel O&M Secures Three-year Bareboat Charters for Jack-up Rig Duo

Keppel O&M Secures Three-year Bareboat Charters for Jack-up Rig Duo

Valaris MS-1 Offshore Drilling Rig Reaches Sasanof-1 Well Site

Valaris MS-1 Offshore Drilling Rig Reaches Sasanof-1 Well Site

S. Korea Court Dismisses Application Against Barossa Pipeline Funding

S. Korea Court Dismisses Application Against Barossa Pipeline Funding
photo

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