GASLOG SIGNS TIME CHARTER AGREEMENT WITH CHENIERE FOR THE METHANE HEATHER SALLY
GasLog Partners LP announced a new time charter agreement for the Methane Heather Sally with a wholly owned subsidiary of Cheniere Energy, Inc. The charter began last week and has a minimum duration one year. Cheniere have the option, until late August, to extend the charter for an additional one or two years.
The Methane Heather Sally is a 145,000 cbm steam turbine LNG carrier built in 2007 which previously operated in the spot market.
Paul Wogan, Chief Executive Officer of GasLog Partners, stated, “The signing of this charter agreement deepens our relationship with one of the world’s leading LNG producers and is the Partnership’s third new multi-month charter agreement in recent weeks. The execution of this charter on attractive terms further improves our revenue and cash flow visibility and bolsters our deleveraging strategy for 2021.”
GasLog Partners is a growth-oriented owner, operator and acquirer of LNG carriers. The Partnership’s fleet consists of 15 LNG carriers with an average carrying capacity of approximately 158,000 cbm
Cheniere Energy, Inc. (NYSE American: LNG) is the leading producer and exporter of liquefied natural gas (LNG) in the United States
Cheniere has one of the largest liquefaction platforms in the world, consisting of the Sabine Pass and Corpus Christi liquefaction facilities on the U.S. Gulf Coast, with expected total production capacity of approximately 45 million tonnes per annum of LNG operating or under construction. Cheniere is also pursuing liquefaction expansion opportunities and other projects along the LNG value chain. Cheniere is headquartered in Houston, Texas, and has additional offices in London, Singapore, Beijing, Tokyo, and Washington.