Avenir lines up charter with Petronas for first small-scale LNG newbuilding

Shipowner Avenir LNG has tied up one of its six small-scale LNG carrier newbuildings to Malaysian energy company Petronas.

Malaysian sources following the business said Petronas will charter the first of Avenir’s 7,500-cbm LNG carrier newbuildings for a period of up to three years from its planned delivery in December.

They explain that Petronas has set up a new retail LNG team that is closely involved in LNG bunker sales.