Tsakos Energy Navigation of Greece is on the fringe of moving forward with a plan to expand its fleet of LNG carriers.

Operations chief George Saroglou says New York-listed TEN intends to ink at least one vessel and an option but would consider turning up the heat if charterers step up to the plate.

George Saroglou.

In an interview with TradeWinds WebTV at the Capital Link Forum in New York, the executive shed light on the proposal, which is motivated by the belief that the LNG sector is “better than any other” in the energy spectrum.

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