LNG - 01 April 2020

Polskie Górnictwo Naftowe i Gazownictwo (PGNIG) has officially become the sole user of the small scale LNG reloading station in Klaipeda, Lithuania.

Rolls-Royce has announced that it has been selected to supply the gas-shielded propulsion system for two new multi-purpose vessels to keep them operational even under difficult conditions.

Wärtsilä has announced that it is launching actions to help mitigate the impact of COVID-19 and has withdrawn its market outlook.

Wood Mackenzie has released a new short-term gas and LNG outlook report, discussing the risks that coronavirus, sustained low oil prices and LNG oversupply pose to the sector this year.

During 1Q20, a record 72 ships were processed at the Zeebrugge terminal, including 55 ships involved in an LNG transshipment operation.

Vitol Group has announced that its subsidiary Vitol Marine Fuels Pte Ltd has acquired 100% of Singapore-based bunkering specialist Sinanju Tankers Holdings.