Norwegian liquefied natural gas (LNG) transportation provider Awilco LNG ASA has completed the sale of two 125,000cbm LNG carriers WilEnergy and WilGas.

Following the sale, the 1983-built WilEnergy and the 1984-built WilGas were delivered to an unknown Far Eastern buyer, show data provided by VesselsValue.

The gross sales price for the two vessels was US$31.6m, Awilco said, adding that the sale would contribute with a net positive cash effect of US$32.2m including bunkers and lubes settlement for Awilco LNG.

The company said that the sale of the LNG carriers, which were in cold lay-up, would contribute with an estimated loss of US$6.6m in Awilco LNG's 2016 financial results.

The sale was announced on June 1, when the company opted to dispose of the two vessels amid a weak LNG freight market which continued in the early part of 2016.