French major TotalEnergies reports decline in quarterly earnings led by LNG and refining and chemicals
French major TotalEnergies reported a decline in second-quarter earnings led by the company’s liquefied natural gas and the refining and chemicals divisions, while exploration and production performed well.
GasLog charter deals
June 16 (LNGJ) - LNG fleet owner GasLog Partners LP has signed two new time- charter agreements with major oil and gas companies Royal Dutch Shell and TotalEnergies. The deals include a one-year charter for the 155,000 cubic metres capacity “GasLog Sydney” with a subsidiary of TotalEnergies, beginning this week, as well as an approximately eight-month charter with Shell for the “Solaris”, also a vessel with 155,000 cubic metres of capacity and beginning immediately.
“I am very pleased to announce these new charters with global energy majors,” said Paul Wogan, Chief Executive of GasLog Partners. “The agreements are at fixed daily rates of hire at returns in line with the historic long-term average, underscoring the strengthening LNG carrier spot market observed so far this year,” added Wogan.
