Awilco LNG notification

Written by  John McKay
Thursday, 19 April 2012
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April 19 (LNGJ) - Awilco LNG, the small Norwegian-based fleet owner, said its LNG vessel "WilGas" has been extended on a two-year contract with Brazilian energy company Petrobras. The contract will commence on expiry of the existing contract in early November this year and is expected to contribute about $23 million to earnings during the new period, Awilco said. The Norwegian firm also disclosed its carrier "WilPower" will have a dry-docking in May rather than July as previously announced.

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