Skip to main content

PETRONAS signs time charter party for newbuild LNG bunker vessel

Published by
LNG Industry,


Petroliam Nasional Bhd (PETRONAS) has, through its subsidiary PETRONAS LNG Sdn Bhd (PLSB), signed a time charter party (TCP) with MISC Berhad and Avenir LNG Ltd to charter a 7500 m3 LNG bunker vessel.

PETRONAS claims that this collaboration positions it among the first LNG bunkering service providers in the South East Asia region, moving Malaysia closer towards becoming a LNG bunkering hub. The LNG bunker vessel is capable of providing bunkering services to LNG-fuelled vessels across Malaysia, and also transporting smaller scale LNG cargoes across the region.

PETRONAS Vice President of LNG Marketing & Trading and Chief Executive Officer of PLSB, Ahmad Adly Alias, said: “PETRONAS is always on the lookout to adopt new technologies through smart partnerships and promote LNG as a cleaner fuel and the fuel of choice for the marine industry.

“We are also collaborating with various ministries, authorities and fellow industry players to co-develop the policies, guidelines and procedures for safe and effective bunkering operations in embracing the IMO 2020 regulations.”

According to the statement, PETRONAS has set up the necessary infrastructure for LNG bunkering services at Pengerang, Johor and Sungai Udang, Melaka. In addition to this, the company is also actively working towards the establishment of LNG bunkering global network through partnerships with port operators and international industry players.

Read the article online at: https://www.lngindustry.com/small-scale-lng/29102019/petronas-signs-time-charter-party-for-newbuild-lng-bunker-vessel/

You might also like

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

LNG bunkering news