NYK expands LNG transport from Nigeria
NYK has completed a long-term charter agreement for two new large liquefied natural gas (LNG) carriers with Nigeria LNG Ltd. and a shipbuilding contract for the vessels with Samsung Heavy Industries Co. of South Korea.
Nigeria is the sixth-largest LNG exporter and expects to become a lead supplier to the North American market in the future.
NYK Global LNG, which specializes in marketing of LNG transportation, has offices in London and Houston. In July, the company completed a long-term charter agreement for a newly built LNG carrier with Gaz de France.
The two new LNGs for the Nigerian contract will be completed by June and August 2007, the Japanese carrier said.