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Swedegas and Kanfer Shipping sign MoU

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LNG Industry,

In a joint statement, Swedegas and Kanfer Shipping have announced that they have signed a Memorandum of Understanding (MoU) for a potential collaboration regarding transport of LNG by sea, as well as a storage facility, in the Gävle region of Sweden.

Swedegas is planning to invest in a gas infrastructure solution in the region that will include a regional gas network and an LNG terminal. A solution of this nature would provide industry and the transport sector, including shipping, with the opportunity to access competitive, sustainable energy as they gradually make the transition from oil-based products to more eco-friendly alternatives.

Swedegas confirmed that it is in discussions with Kanfer Shipping regarding what form a flexible and robust solution for supplying the region with LNG/gas might take. Kanfer Shipping's solution would involve LNG being transported to a port on barges pushed by tugs. The barges would then function as floating storage facilities at the port. From there, the LNG, following regasification, can be transported onwards in the Swedegas network.

Johan Zettergren, Swedegas Vice President, said: "We are looking to invest in the most efficient solution. This concept is favourable from an operating cost point of view, which will benefit customers in the region."

Kanfer Shipping will conduct a preliminary Front End Engineering Design (FEED) study to allow the parties to proceed towards a decision on the future of the project.

Stig Anders Hagen, Managing Partner at Kanfer Shipping, said: "We are extremely pleased with the confidence Swedegas has shown in us and we are looking forward to being involved in the project in the future. The aim is to work together over the next year to have a complete gas infrastructure solution in place."

Edited from press release by

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