LNG - GasLog signs LNG time charter agreement with Cheniere

lyash01/iStock via Getty Images GasLog Partners (GLOP) +1.8% pre-market after announcing a new time charter agreement for the Methane Heather Sally with Cheniere Energy (LNG) for a minimum one-year duration. Cheniere has an option until late August to extend the charter for an additional one or two years. The Methane Heather Sally is a 145K cbm steam turbine liquefied natural gas carrier built in 2007 which previously operated in the spot market. GasLog Partners is a "coiled spring ready to surge once the market recognizes [its] solid progress," Daniel Thurecht writes in a bullish analysis published recently on Seeking Alpha.

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GasLog signs LNG time charter agreement with Cheniere