GasLog inks new LNG charter agreement with Cheniere

GasLog’s New York-listed spinoff GasLog Partners has signed a charter agreement for the Methane Heather Sally with U.S. LNG producer Cheniere.

The Methane Heather Sally is a 145,000 cubic metres steam turbine LNG carrier. It was built in 2007 and it previously operated in the spot market.

The new charter began last week and has a minimum duration of one year.

Cheniere has the option, until late August, to extend the charter for an additional one or two years.

CEO of GasLog Partners Paul Wogan said: “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.”

Source: World Maritime News