The EU’s attempt to wean itself off Russian pipeline gas has increased competition for LNG supply and shipping
Germany acquires three LNG carriers
The government has assumed control of at least three LNG vessels that were chartered to a Gazprom subsidiary
NYSE-listed Dynagas LNG Partners has confirmed that three of its LNG carriers—the Amur River, Ob River and Clean Energy—have been “effectively under the control of the German government” since early April and that this may last “for an indefinite period of time”. The German federal authorities also assumed control over Gazprom Germania in early April due to its operation of critical infrastructure in the country. Gazprom Germania is the indirect parent company of Gazprom Marketing & Trading, which had the three Dynagas carriers under long-term charter. The charterer in such deals operates the vessel and is responsible for voyage-related costs including fuel and terminal fees. “It i
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