In view of the logistical needs imposed by the Liquefied Natural Gas (LNG) Marketing Plan, especially as regards LNG from Sabine Pass (Louisiana, USA), GAS NATURAL FENOSA has decided to study the possibility of hiring a fifth LNG carrier, under a twenty-year lease, that would join the other four hired last September from the shipping companies “Knutsen” and “Naviera Elcano”.

The "third-generation" LNG carrier would be a 176,000-tonne ship, similar to the ones recently hired by GAS NATURAL FENOSA, which will decide on the shipping company it will be working with on this project. The latter, depending on the time and circumstances, will contract the building of the corresponding ship with shipyard selected.

Given the clear interest shown by Navantia, GAS NATURAL FENOSA will be instructing the shipping company chosen to contact that shipyard with the intention of giving Navantia sufficient time to present a full, competitive and firm offer to build the new ship.

About GAS NATURAL FENOSA

GAS NATURAL FENOSA is one of the leading multinational companies in the gas and electricity sector. It operates in over 25 countries and has more than 20 million customers and an installed capacity of 15.8 gigawatts. It is the largest integrated gas and electricity company in Spain and Latin America, the leader in natural gas marketing and sales in the Iberian Peninsula and the number one natural gas distributor in Latin America. With a fleet of nine methane tankers, it is a benchmark operator of LNG/NG in the Atlantic and Mediterranean basins, where it operates 30 bcm.