Flex LNG Tanker Wins Endesa Charter
Norway-based shipowner Flex LNG announced that it has entered into a new time charter with the Spanish utility Endesa for the vessel Flex Ranger.Endesa is a leading company in the Spanish electricity sector and the second largest operator in the Portuguese market as well as a subsidiary of Enel Group.The firm period under the new time charter is 12 months and will commence in direct continuation of an existing time charter with Enel which expires on or about June 2020, said a press release from the liquefied natural gas (LNG) transportation company.Endesa will also have the option to extend the time charter by an additional 12 months subsequent to the firm period maturing on or about June 2021.Øystein M.
Flex LNG Charters New LNG Carrier to Enel
Flex LNG , a global shipping company specializing in the ownership of LNG carriers, announced that through a separate wholly-owned subsidiary, it has entered into a time-charter agreement with Enel Trade, a company of the Enel Group, a multinational power company and one of the world's leading integrated electricity and gas operators. The time charter period of 12 months will commence during the second half of 2019. Enel also has the option to extend the contract by an additional 12 months subsequent to the firm period. Flex LNG intends to employ the LNG carrier Flex Enterprise for this business, however the Company also has the option to nominate one of its sister vessels. Flex Enterprise is a 173,400 cbm LNG carrier with MEGI propulsion built in 2018.
Enel Applies To Explore For Oil And Gas In Greece
Italy's Enel has sought permission to explore for oil and gas in Greece, the Greek government said on Tuesday. Enel has expressed interest in three onshore areas in the western part of the country, Greece's energy ministry said, adding it would duly decide on the Italian company's application. If permission is granted, Athens will give other oil firms at least 90 days time to submit rival offers for the same areas. Back in 2001, oil companies including Hungary's MOL and Greece's Hellenic Petroleum searched in vain for oil in two of the blocs Enel is currently considering. "Enel Group's decision ... is a vote of confidence in our great national effort to exploit our mineral wealth," Energy Minister Yannis Maniatis said in a statement.
