Gas
1/2/2013

GasLog announces delivery of GasLog Shanghai



GasLog announced the delivery of the fully owned LNG carrier GasLog Shanghai, from Samsung Heavy Industries. The vessel was delivered on budget and ahead of schedule.


Immediately on delivery she commenced a medium-term charter to Methane Services Ltd. (BG Group).

The vessel is a 155,000 cubic meter Tri-Fuel Diesel Electric LNG carrier that sets new standards for efficient performance and environmental protection. The vessel is classified to the ABS ENVIRO+ notation, signifying the highest level of environmental protection and energy conservation. Furthermore the vessel is equipped with a new type of cargo compressors that will reduce the release of greenhouse gasses and offer enhanced cargo and heel management.

The vessel will be operated by GasLog LNG Services Ltd. in accordance with their Marine Health, Safety, Quality, Environmental & Energy Management system which in December was certified by ABS to be in compliance with ISO50001.

GasLog has a further four LNG carrier newbuildings due for delivery this year, as well as two in 2014 and one in 2015.


Gas

Stena Bulk has chartered out one of its three LNG carriers to Australia’s North West Shelf (NWS) project for a mid-term period. The company said its 145,000-cbm vessel Stena Blue Sky (built 2006) has been fixed for three years “with a possible further extension as a goal”.
Bumi Armada announced that its subsidiaries AFG Storage and AFG Services, have entered into agreements with EGM for the conversion, supply and operations and maintenance of an LNG floating storage unit (FSU).
Egypt will import around $3.55 billion worth of liquefied natural gas (LNG) in the 2015-2016 financial year, an official at state-owned Egyptian General Petroleum Corporation (EGPC) said on Tuesday.
Lithuania is considering allowing its liquefied natural gas import terminal to re-export LNG to global markets during summer when local demand declines, the facility’s operator said on Monday.




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