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>


<< Mar 2018 >>
26 27 28 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

Singapore Maritime Technology Conference and Exhibition (SMTC) 2018

The 3rd Singapore Maritime Technology Conference and Exhibition (SMTC) 2018 is organized by the Maritime and Port Authority of Singapore…

read more >

Shippax Ferry Conference 2018

The two-day onboard ferry conference was first organized in 2003 and grows ever more popular with some 400 delegates from over 40 ferry…

read more >

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >

Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

read more >