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Petronet LNG receives new LNG carrier

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LNG Industry,

A consortium comprising Nippon Yusen Kabushiki Kaisha (NYK), Mitsui O.S.K. Lines Ltd (MOL), Kawasaki Kisen Kaisha Ltd (‘K’ Line), and the Shipping Corp. of India Ltd (SCI) recently took delivery of a new LNG carrier in South Korea.

The PRACHI LNG carrier, which was built to order by Hyundai Heavy Industries Co. Ltd (HHI), has a capacity of 173 000 m3. It is based on a long-term time charter contract with Petronet LNG Ltd. A naming ceremony for the LNG carrier was held on 18 October 2016.

SCI has been operating and managing all of the LNG carriers that are under long-term charter with Petronet LNG, and has taken over management of PRACHI since its delivery.

The new LNG carrier is expected to contribute to the steady supply of LNG to India as energy demand continues to grow.

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