KUALA LUMPUR: Petroliam Nasional Bhd’s (Petronas) subsidiary, Petronas LNG Ltd (PLL), has signed a Time Charter Party (TCP) with Kawasaki Kisen Kaisha, Ltd (K Line) to charter two liquefied natural gas (LNG) bunker vessels.
In a statement yesterday, Petronas said PLL inked a 12-year TCP, with an option to extend for another 12 years, with the renowned Japanese shipowner, for two midsized new build LNG vessels of approximately 79,960 cubic metres each in capacity.
Petronas executive vice president/chief executive officer of gas and new energy Adnan Zainal Abidin said the vessels will be constructed in Shanghai, China and expected to be delivered in the second quarter of 2022.
“These vessels will be dedicated to serving Petronas’ long term LNG delivery commitment to Shanghai under the new LNG supply agreement with Shenergy Group Company Ltd,” he added. – Bernama
