LNG (liquefied natural gas) is natural gas cooled to -162⁰C (-260⁰F). The cooling process reduces the gas to approximately 1/600th of its original volume. This makes it practical from a physical and economic perspective to transport gas over long distances.  The two main ways of transporting gas over long distances are pipeline and LNG shipping. In some instances, only one or the other is viable as LNG ships cannot operate on land and pipelines are prohibitively expensive over long sea distances. LNG is primarily used as a means for transporting natural gas, but it is also emerging as a viable vehicle fuel.

The LNG market appears set for significant expansion in the coming years as a result of the large number of new liquefaction projects being developed. Recently, we have seen additional capacity in Australia and Papua New Guinea and believe there will be significant additional capacity from more major projects in Australia, US, Russia and East Africa. In addition, significant plans for new exports from new and existing producing regions have been reported.

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GasLog Ltd. Announces Eight-Year Charter With Endesa for Existing Uncommitted Newbuild Vessel GasLog Warsaw

NEWS ARTICLE ADDED // 2019-03-21T07:00:11

Monaco, March 21, 2019 (GLOBE NEWSWIRE) -- Eight year fixed-term charter to new customer Endesa for existing uncommitted newbuild vessel, the GasLog Warsaw 1 , commencing in May 2021 Latest generation vessel will be available for charter to other customers during a period of expected strong LNG

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GasLog Partners LP Announces Acquisition Of The GasLog Glasgow From GasLog Ltd. For $214 Million

NEWS ARTICLE ADDED // 2019-03-08T07:00:20

Monaco, March 08, 2019 (GLOBE NEWSWIRE) -- GasLog Partners LP (NYSE:GLOP) (“GasLog Partners” or the “Partnership”) and GasLog Ltd. (NYSE:GLOG) (“GasLog”) announced today that the Boards of Directors of both companies and the Conflicts Committee of GasLog Partners have approved entering into an

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