ADNOC unit to lease LNG vessel to Singapore's Atlantic Gulf & Pacific
2/10/2020
Abu Dhabi National Oil Company’s logistics and services subsidiary unit signed on Monday an agreement to lease a liquefied natural gas (LNG) vessel to Singapore’s Atlantic Gulf & Pacific company, the United Arab Emriates news agency WAM said.
The vessel, which will be deployed as a floating storage unit, will be leased over a period of 15 years from 2021 onwards, with the option of extending it for five years.
Reporting by Nayera Abdallah; Editing by Edmund Blair
Sign up to Receive Our Newsletter
- Cheniere signs deal with Bechtel to expand U.S. LNG export capacity
- TC Energy approves $1.5-B Columbia Gas expansion after profit tops estimates
- Baker Hughes’ fuel flexible NovaLT™ 16 gas turbine certified by RINA for marine propulsion
- Commonwealth LNG FID attracts global syndicate of leading banks
- Dozens injured, 18 missing after blast during restart at giant Qatar LNG site
Comments