UAE – Mubasher: Tristar Group, a Dubai-headquartered global integrated energy logistics company, has inked a four-year contract worth $24 million with BP, a London-headquartered multinational oil company, to offer liquefied natural gas (LNG) shipping services, Zawya reported.
This came after the Emirati company had added the first LNG tanker, the Tristar Ruby with a cargo carriage capacity of 155,000 cubic metres, to its shipping fleet.
The CEO of Tristar, Eugene Mayne, said: “We are pleased to be able to announce the value of our deal with BP, the first as we expand our presence into the LNG shipping market. This represents a strengthening of our relationship with BP, one of our core partners.”