Crowley, Eagle LNG Partners and ExxonMobil sign LNG collaboration agreement

The aim of the agreement is to develop the necessary storage and technical support for the provision of safe and reliable LNG delivery for vessel operators bunkering in North America.

All three parties signed a memorandum of understanding (MoU) on 27 June 2017, and will initially focus their efforts in Florida, US, before expanding to other North American markets.

ExxonMobil will provide its technical support and expertise to help the companies execute safe bunkering operations and sell LNG bunker fuel to vessel operators. Eagle LNG Partners, meanwhile, will supply the LNG, and will design, construct and operate small scale production and storage facilities, as well as coordinate land-based LNG transportation. Finally, Crowley will provide bunker logistics, and will ensure safe and reliable operations.

Luca Volta, LNG Venture Manager at ExxonMobil, said: “The Memorandum of Understanding is another major step forward in developing LNG as a marine fuel. It will leverage the specialist knowledge and expertise of ExxonMobil, Eagle LNG Partners and Crowley to the benefit of vessel operators bunkering in North America.

“This agreement provides additional opportunities for vessel operators looking to adopt LNG as a marine fuel.”

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/28062017/crowley-eagle-lng-partners-and-exxonmobil-sign-lng-collaboration-agreement/