Gaslog Ltd's Comment on Sales, Marketing and Customers
The company holds a 25.0% interest in the LNG carrier Methane Nile Eagle, which operates under a 20-year time charter to MSL. Its fleet comprises 32 owned and bareboat LNG carriers, four LNG carriers under construction, and one LNG carrier available for sale as a floating storage regasification unit (FSRU), with capacities ranging from approximately 145,000 to 180,000 cubic meters, compatible with most existing LNG terminals globally. GasLog LNG Services, a wholly owned subsidiary, manages the technical operations of the fleet.
A wholly owned subsidiary of the company holds a 20% shareholding in Gastrade, which is developing an LNG receiving terminal offshore Alexandroupolis in Northern Greece, connected to the Greek national grid. The company has a long-term Operation and Maintenance Agreement with Gastrade to operate the FSRU associated with the Alexandroupolis Project's Terminal Use Agreement. Other shareholders in Gastrade include DEPA, the Greek State Gas Company (20%), BulgarTransGaz, the Bulgarian State Gas Transportation Company (20%), and DESFA, the Greek National Gas Transmission Operator (20%).
Gaslog Ltd’s Comment on Sales, Marketing and Customers
The company holds a 25.0% interest in the LNG carrier Methane Nile Eagle, which operates under a 20-year time charter to MSL. Its fleet comprises 32 owned and bareboat LNG carriers, four LNG carriers under construction, and one LNG carrier available for sale as a floating storage regasification unit (FSRU), with capacities ranging from approximately 145,000 to 180,000 cubic meters, compatible with most existing LNG terminals globally. GasLog LNG Services, a wholly owned subsidiary, manages the technical operations of the fleet.
A wholly owned subsidiary of the company holds a 20% shareholding in Gastrade, which is developing an LNG receiving terminal offshore Alexandroupolis in Northern Greece, connected to the Greek national grid. The company has a long-term Operation and Maintenance Agreement with Gastrade to operate the FSRU associated with the Alexandroupolis Project's Terminal Use Agreement. Other shareholders in Gastrade include DEPA, the Greek State Gas Company (20%), BulgarTransGaz, the Bulgarian State Gas Transportation Company (20%), and DESFA, the Greek National Gas Transmission Operator (20%).
Sources:
Gaslog ltd’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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