Flex LNG, Cheniere Ink Deal

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Oslo-based LNG carrier fleet owner Flex LNG has signed a long-term charter deal with US LNG producer Cheniere Energy. Under the agreement, Flex LNG will charter four carriers to the LNG exporter for a period of between three and 3½ years. According to Flex LNG, Cheniere will have an option to extend the charter of each vessel by up to two years. The first vessel -- Flex Vigilant -- will be delivered to Cheniere ex-yard in May, followed by two existing LNG carriers in the third quarter of this year. A third existing LNG carrier within Flex LNG's fleet meanwhile will be delivered to Cheniere in the third quarter of 2022, with an option for the delivery of a fifth carrier in the same quarter. “Our large and energy-efficient ships are particularly well suited for their long-haul trade and align with Cheniere’s efforts to secure required shipping capacity while improving the environmental performance of their overall fleet," Flex LNG CEO Oystein Kalleklev said.

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