GDF Suez leads consortium to develop LNG bunkering market
GDF Suez, Mitsubishi and NYK signed a framework agreement aiming to develop the LNG bunkering market worldwide through LNG bunkering vessels. Two contracts have been awarded as part of this agreement:
- NYK’s order of an LNG bunkering vessel
- An LNG bunkering contract between GDF Suez and United European Car Carriers (UECCC)
The consortium partners will provide know-how and experience to develop this first project in the Northern Europe Emissions Controlled Area (ECA) from Zeebrugge, Belgium.
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“GDF Suez regards LNG as the future of bunkering. These new agreements emphasise the group’s retail LNG strategy and demonstrates our commitment to the development of LNG bunkering business on a global scale, alongside with harbour infrastructures and ship operators”, explained Jean-Marie Dauger, Executive VP of GDF Suez, in charge of Global Gas & LNG business line.
The LNG bunkering vessel will be built in the Korean shipyard Hanjin Heavy Industries & Construction with a delivery expected by 2016. It will be based in Zeebrugge, where GDF Suez has already secured long-term access rights in the Fluxys LNG terminal. The bunkering vessel will be operated by NYK and will supply a range of end-customers.
The first customer will be UECC, which purchased LNG from GDF Suez on a medium-term basis for its two new dual-fuel (LNG and marine gasoil) car carrier ships operating in the North Sea and Baltic Sea. By the end of 2016, LNG will be delivered by means of ship-to-ship transfer from the LNG bunkering vessel to the new ships ordered by UECC in the port of Zeebrugge.
Adapted from press release by Katie Woodward
Read the article online at: https://www.lngindustry.com/small-scale-lng/02072014/gdf_suez_mitsubishi_and_nyk_in_lng_bunkering_agreement_895/
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