Norway: Awilco LNG Charters WilGas to Petrobras

Awilco LNG ASA  announced that the LNG vessel WilGas has been committed on a one year contract, with no option periods.

The charterer is the Brazilian state energy entity, Petrobras.

Commencement of the contract is mid-October.

Awilco LNG ASA is a Norwegian based owner and operator of LNG vessels intended for international trade. The company owns three 125,000 cbm LNG vessels; WilGas, WilPower and WilEnergy. In addition, the company has entered into a new building contract with Daewoo Shipbuilding in Korea for two 155,900 cbm LNG vessels to be delivered in 2013 and has the option for two LNG vessels with similar specifications. Awilco LNG ASA has an industrial approach and a long-term commitment to the sector.

[mappress]

Source: Awilco LNG, September 28, 2011.