Evergas secures 15 year contracts with INEOS Europe

29-Jan-2013 - Denmark

Evergas announced that it has secured 15-year shipping agreements with INEOS Europe for the transportation of ethane into Europe from the US Mariner East project. Under such agreements Evergas will build and operate new customized vessels that will be dedicated to the transportation of ethane from Marcus Hook, US to Rafnes, Norway.

Evergas has in turn entered into building contracts with Sinopacific Offshore and Engineering for the construction of state-of-the-art medium sized LNG carriers in the size of 27.500 cbm for delivery in 2015. The vessels will be built with specifications matching environmental and efficiency performance measures.

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