Norwegian transport firm Flex LNG has entered right into a time constitution get together settlement with a unit of U.S. LNG exporter Cheniere for Flex Aurora LNG provider.
Cheniere Marketing declared the choice to make use of a fifth LNGC from Flex LNG beneath the time constitution agreements from April 2021.
The events agreed that Flex Volunteer would be the fourth ship beneath the deal. The LNG provider can be delivered to Cheniere in mid-April 2022 moderately than in the course of the third quarter of 2022.
The three.5 years time constitution has due to this fact been prolonged by about 2.5 months to facilitate early supply of the ship to Cheniere.
Flex Aurora would be the fifth ship to be delivered to Cheniere. The ship will begin the three.5-year time constitution in the course of the third quarter of 2022 in keeping with the unique settlement.
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Final yr, Cheniere took supply of Flex Vigilant, Flex Endeavour, and Flex Ranger beneath time charters with a minimal period of between 3 and three.8 years.
All present Flex LNG ships are massive LNGCs with a cargo capability of roughly 173,400 to 174,000 cubic meters. They function dual-fuel two-stroke propulsion (MEGI/XDF).
The time constitution get together agreements stay topic to sure closing circumstances in reference to the supply and acceptance of the LNG carriers to Cheniere.