Jera starts using GasLog LNG carrier

Japan’s liquefied natural gas trading giant Jera has started using a brand new LNG carrier as part of a long-term charter deal with GasLog.

To remind, Greece-based LNG shipper GasLog revealed last week it would take delivery of GasLog Wales from South Korea’s Samsung Heavy.

The 180,000 cubic meter cargo capacity LNG carrier with dual fuel medium speed propulsion started its 12-year charter with Jera on Monday.

The 297 meters long newbuild features GTT’s Mark III Flex Plus containment system but also latest technological developments in cargo containment and boil-off gas management.

The LNG carrier is the second of seven vessels GasLog will be taking delivery of through the third quarter of 2021.

GasLog chief executive Paul Wogan said the GasLog Wales delivery was “safe and on budget despite the many challenges presented by the Covid-19 coronavirus pandemic”.

Most Popular

Energy Transfer seals Lake Charles LNG supply deals

Texas-based Energy Transfer has signed new supply deals for its planned Lake Charles LNG export facility in Louisiana as it works to take a final investment decision by the end of this year, according to its management.

Germany, Egypt seal FSRU charter deal

Germany's Ministry for Economic Affairs and Energy has signed a deal with Egypt's state-owned EGAS to charter the 174,000-cbm FSRU Energos Power.

Woodside terminates Commonwealth LNG SPA

Australian LNG player Woodside has terminated its two LNG sale and purchase agreements with US LNG terminal developer Commonwealth LNG.

More News Like This

Jera, Saibu Gas ink deal for third Hibiki LNG tank

Japan's Jera has signed a deal with compatriot Saibu Gas to use the planned third liquefied natural gas (LNG) storage tank at the latter's Hibiki regasification terminal in Kitakyushu.

Jera and EDF expand LNG trading JV to include Japanese power trading

Japan’s Jera and France’s EDF have agreed to expand their LNG and coal trading joint venture, Jera Global Markets, to include Japanese power trading.

Japan’s Jera launches third LNG unit at Goi power plant

Japan’s Jera has launched the third and final new LNG unit at its Goi thermal power plant in Chiba as part of a replacement project.

GasLog Partners reports lower profit in Q4

GasLog Partners, part of Greek LNG carrier owner GasLog, reported lower profit and revenues in the fourth quarter of the last year due to a weak market and a non-cash impairment loss.