{"id":35251,"date":"2019-10-14T13:46:45","date_gmt":"2019-10-14T12:46:45","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=35251"},"modified":"2019-10-14T13:46:45","modified_gmt":"2019-10-14T12:46:45","slug":"exxonmobil-firm-seal-406m-lng-deal","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/exxonmobil-firm-seal-406m-lng-deal\/","title":{"rendered":"ExxonMobil, Firm Seal $406m LNG Deal"},"content":{"rendered":"<p>Exxon Mobil Corporation\u2019s subsidiary, SeaRiver Maritime has concluded $406.2million two new LNG carriers deal.<\/p>\n<p>According to the company, each of the LNG carriers would be deployed on a 15-year charter contract to serve the transportation needs of ExxonMobil\u2019s worldwide LNG portfolio.<\/p>\n<p>\u201cThe addition of these two vessels will help us build a competitive LNG value chain as ExxonMobil continues to grow its global gas portfolio and expand supply positions to meet evolving needs of our customers,\u201d Alex Volkov, Vice President of Global LNG Marketing at ExxonMobil said.<\/p>\n<p>Under the arrangement, Worldmaritime reports that Malaysia\u2019s MISC Berhad has placed order for two the\u00a0 new liquefied natural gas (LNG) carriers with South Korea\u2019s Samsung Heavy Industries (SHI).<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>The 174,000 cbm LNG carriers were ordered under a USD 406.2 million deal.<\/p>\n<p>The units are scheduled for delivery by the end of the first quarter of 2023.<\/p>\n<p>The vessels will feature state-of-the-art technologies including XDF propulsion, Mark III Flex Plus containment system and full re-liquefaction facility for higher efficiencies and to meet the demand for worldwide trading and long-haul voyages, the company explained.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Exxon Mobil Corporation\u2019s subsidiary, SeaRiver Maritime has concluded $406.2million two new LNG carriers deal.<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":35252,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,1593,17,624],"tags":[1865,599],"coauthors":[2391],"class_list":["post-35251","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","category-politics","tag-exxonmobil","tag-lng"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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