Brief: Awilco LNG Provides Contract Update

Alng ASA

15/01/2021 08:18

Jan 15 (Reuters) - Awilco LNG ASA  ALNG.OL :
    * ALNG - CONTRACT UPDATE
    * 2013-BUILT 156,000 CBM TFDE WILPRIDE TODAY HAS BEEN
COMMITTED ON
AN 2-3 MONTH TIME CHARTER CONTRACT WITH EXPECTED GROSS REVENUES
OF BETWEEN USD 10.3 MILLION AND USD 14.3 MILLION
    * CONTRACT IS ESTIMATED TO GENERATE SURPLUS LIQUIDITY OF
BETWEEN
USD 6.2 MILLION AND USD 8.6 MILLION.
    * CONTRACT IS EXPECTED TO COMMENCE UPON REDELIVERY FROM
CURRENT
CONTRACT IN FIRST HALF OF FEBRUARY 2021
    * COMPANY'S FINANCIAL RESULTS IN 2021 ARE EXPECTED TO
IMPROVE ON
2020.

Source text for Eikon:  ID:nObi0NC0ma 
Further company coverage:  ALNG.OL 

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