Brief: Awilco LNG Enters New Time Charter Contract

Alng ASA

13/06/2022 06:07

June 13 (Reuters) - Awilco LNG ASA  ALNG.OL :
    * CONTRACT UPDATE
    * HAS ENTERED A NEW TIME CHARTER CONTRACT FOR A FIRM
DURATION OF
THREE YEARS
    * CHARTERER, WHO IS A LEADING EUROPEAN LNG IMPORTER, HAS
OPTION TO
EXTEND FOR A PERIOD OF UP TO TWO YEARS
    * CONTRACT IS EXPECTED TO COMMENCE IN DECEMBER 2022
    * CONTRACT IS ESTIMATED TO CONTRIBUTE AN ANNUALISED EBITDA
OF
ABOUT USD 26 MILLION DURING CHARTER PERIOD

Source text for Eikon:  ID:nObiJvPQca 
Further company coverage:  ALNG.OL 

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