KUALA LUMPUR, Feb 17 (Bernama) — PETRONAS through its subsidiary, PETRONAS LNG Ltd. (PLL) recently signed a 12-year Time Charter Party (TCP), with an option to extend for another 12 years, with a renowned Japanese shipowner, Kawasaki Kisen Kaisha, Ltd (“K” Line) for two midsized new build LNG vessels of approximately 79,960 cubic metres each in capacity.
During the signing ceremony, PETRONAS Executive Vice President and Chief Executive Officer of Gas & New Energy, Adnan Zainal Abidin commended the pace of the procurement and chartering of these vessels which were concluded within four months, thus setting a new standard in the industry.