GasLog to deliver LNG carriers to Cheniere

Industry Database

LNG carrier specialist, GasLog has signed a charter party agreement with the United States’ Cheniere Energy to deliver two new LNG carriers.

The 180,000m³ HN 2311 and HN 2312 vessels have low pressure two stroke (LP-2S) propulsion and GTT Mark III Flex Plus cargo containment systems and have been ordered from Samsung Heavy Industries in South Korea. Delivery is expected in mid 2021.

Paul Wogan, chief executive of GasLog, said: “I am delighted to build further on our existing relationship with Cheniere. The four newbuilds that we now have on order for them will provide further support for their leading position in US LNG exports.

“We announced seven newbuild orders in 2018, all equipped with the latest advancements in propulsion and boil-off technology. Six of these newbuilds have long-term charters attached, cementing our status as a leading owner and operator of LNG carriers.”

Following the deal, GasLog Partners’ potential dropdown pipeline will increase to 12 LNG carriers with charter length of five years or longer.

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