GasLog Partners LP (the Partnership) has announced the closing of its acquisition from GasLog Ltd (GasLog) of 100% of the shares in the entity that owns and charters GasLog Geneva.
GasLog Geneva is a 174 000 m3 tri-fuel diesel electric LNG carrier. It was constructed in 2016, and has been operated by GasLog ever since its delivery.
The LNG carrier is presently on a long-term time charter with a wholly-owned subsidiary of Royal Dutch Shell plc through September 2023. Shell has two consecutive extension options, which – if exercised – would extend the charter for a five or eight-year period.