Yesterday, Oslo-listed HLNG announcedthat the 126,400-cbm LNG Libra (built 1979) would squeeze between$2.6m and $13m out of a contract with Gas Natural in Trinidad.
The firm period begins at the end of Mayand ends in mid-November but the deal includes options that could see the duration extended by as much as 13 months.
Researchers at DNB Markets say the termsimply a rate of $33,800 per day over the first five-and-a-half months andbelieve the vessel will earn roughly $44,700 daily during the extension if the options are exercised.
“The
