GasLog Partners LP Announces Closing of the GasLog Glasgow Acquisition from GasLog Ltd.
02 Avril 2019 - 1:00PM
GasLog Partners LP (NYSE:GLOP) (“GasLog Partners” or the
“Partnership”) and GasLog Ltd. (NYSE:GLOG) (“GasLog”) announced
today the closing of the Partnership’s acquisition from GasLog of
100% of the shares in the entity that owns and charters the GasLog
Glasgow.
The GasLog Glasgow is a 174,000 cubic meter tri-fuel diesel
electric liquefied natural gas (“LNG”) carrier built in 2016 and
operated by GasLog since delivery. The vessel is currently on a
multi-year time charter with a wholly owned subsidiary of Royal
Dutch Shell plc (“Shell”) through June 2026. Shell has the option
to extend the charter for a period of five years.
Contacts:
Alastair MaxwellChief Financial OfficerPhone:
+44 203-388-3105
Phil CorbettHead of Investor RelationsPhone: +44
203-388-3116
Joseph NelsonDeputy Head of Investor
RelationsPhone: +1 212-223-0643
Email: ir@gaslogmlp.com
About GasLog PartnersGasLog Partners is a
growth-oriented master limited partnership focused on owning,
operating and acquiring LNG carriers under multi-year charters.
GasLog Partners' fleet consists of 15 LNG carriers with an average
carrying capacity of approximately 158,000 cbm. GasLog Partners'
principal executive offices are located at Gildo Pastor Center, 7
Rue du Gabian, MC 98000, Monaco. Visit GasLog Partners’ website at
http://www.gaslogmlp.com.
About GasLog GasLog is an international owner,
operator and manager of LNG carriers providing support to
international energy companies as part of their LNG logistics
chain. GasLog's consolidated owned fleet consists of 34 LNG
carriers (26 ships on the water and 8 on order). GasLog also has an
additional LNG carrier which was sold to a subsidiary of Mitsui Co.
Ltd. and leased back under a long-term bareboat charter. GasLog's
consolidated fleet includes 15 LNG carriers in operation owned by
GasLog's subsidiary, GasLog Partners. GasLog's principal executive
offices are at Gildo Pastor Center, 7 Rue du Gabian, MC 98000,
Monaco. Visit GasLog's website at http://www.gaslogltd.com.
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