MOL Bags Yamal LNG Charter Contract for Four Ships
By Aiswarya Lakshmi
Thursday, June 29, 2017
Mitsui O.S.K. Lines (MOL) announced it has signed a long-term charter contract for four liquefied natural gas (LNG) carriers with the tank capacity of 174,000m3, which will be delivered and serve on Yamal LNG project in 2019 and 2020 onward, through a wholly-owned subsidiary of MOL.
The four contracted carriers will serve as a transport of LNG transshipped by the project from Europe.
MOL did not provide any additional information on the vessels.
Yamal LNG is a planned $27 billion LNG plant at Sabetta, north-east of the Yamal Peninsula, Russia. LNG exports from the project's first phase are expected to begin from the end of 2017.