Press Release

Dynagas LNG Partners LP Enters Into New Long-Term Time Charter for the LNG Carrier Arctic Aurora and Extends Current Time Charter for the LNG Carrier Clean Energy

21 Dec 2017

The Partnership has entered into a new three year charter agreement with Statoil ASA (“Statoil”) for the employment of the Arctic Aurora, its 2013-built, 155,000 cubic meter , tri-fuel diesel engine, ice class LNG carrier (the “Extended Charter”). The Arctic Aurora is currently, and has been since 2013, on charter to Statoil (the “Current Charter”). The Extended Charter is expected to commence in the third quarter of 2018 in direct continuation of the Current Charter (interrupted only by the vessel’s mandatory statutory class five-year special survey and dry-docking) and will have a firm period of about 3 years +/- 30 days. Statoil will have the option to extend the Extended Charter by two consecutive 12-month periods at escalated rates.

More details: dlng122117.pdf

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