Petronas, Gas4Sea Partners Team Up on LNG Bunkering

Illustration; Image Courtesy: IBIA

Malaysian oil company Petronas has signed a non-binding agreement with Gas4Sea partners, comprising Engie SA, Mitsubishi Corp and Nippon Yusen KK to explore collaboration in promoting LNG as marine fuel, Reuters reports citing Petronas.

Gas4Sea is a partnership created to jointly promote liquefied natural gas (LNG) as a cleaner maritime fuel, by providing LNG bunkering services to the global market.

The partnership was launched in September 2016 with the aim “to lead innovation through the ship-to-ship supply of LNG for the maritime sector.”

The companies began operations at the beginning of 2017 with the delivery of the purpose-built LNG bunkering vessel (LBV) with a 5,000 cm LNG capacity, Engie Zeebruggewhich is being used to bunker vessels at the Belgian port of Zeebrugge, as well as other nearby ports.

The Memorandum of Understanding (MoU) was signed by Petronas LNG Ltd and its shipping affiliate, MISC Bhd, as informed by Petronas.

Under the terms of the deal, the parties agreed to explore manners of collaborating and identifying potential business opportunities in relation to LNG bunkering.

According to Petronas LNG chief marketing officer and CEO, Ezhar Yazid Jafaar the company views advocating LNG as marine fuel as a new frontier for the LNG sector.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jan 2018 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

APM – ASIA PACIFIC MARITIME 2018

27 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia trusted by generations of industry professionals.

read more >

Mega Cargo Show 2018

The focus of the event is to bring all connected with cargo fraternity on a single platform…

read more >

Vietship 2018

Vietship is the largest and longest established exhibition in Vietnam featuring all aspect of Shipbuilding, Shipping and Offshore Technology.

Since its first event in 2002, Vietship has become the convergence and platform of advanced technologies regional and worldwide in shipbuilding and ship repair, marine equipment, waterway transportation and services, marine and offshore engineering.

After 16 years of eight consecutive editions, Vietship has affirm itself as an important event in enhancing cooperation and development, attracting investments, exchanging technology and creating ideal opportunities for trade promotion in the international maritime industry.

More info

read more >

LNG Bunkering Summit 2018

The conference will cover the obstacles facing both the shipping and port communities, exploring developments in conversion and new builds…

read more >