LNG

April 29 (LNG) - Malaysian energy company Petronas has signed a time charter-party (TCP) for three newbuild LNG carriers with shipowner Hyundai LNG Shipping to increase its  global fleet to to 27 vessels. Petronas said the newbuilds with 174,000 cubic metres of capacity are expected to be delivered from the second quarter of 2024 on a staggered basis. They will primarily be used to carry cargoes from LNG Canada currently under construction at Kitimat on the Pacific Coast of British Columbia.

   “The multi-sized fleet has enabled the company to reliably deliver LNG to over 25 countries from its global portfolio of supply, located in Malaysia, Australia, Egypt and Canada by 2024,” said the Petronas LNG subsidiary.