BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News



Fenosa and Balearia ink Spain's first multi-year LNG bunker supply deal

10-year accord will see Fenosa act as exclusive LNG supplier at all Iberian Peninsula ports.



Spain's first fixed-term LNG bunker supply agreement signed by Fenosa's Joaquin Mendiluce (pictured left), Director of Wholesale Marketing for the Iberian Peninsula, and Adolfo Utor (pictured right), president of Balearia, on January 18, 2018. Image credit: Gas Natural Fenosa


Updated on 18 Jan 2018 17:17 GMT

Gas Natural Fenosa and Balearia have signed Spain's - and the Iberian Peninsula's - first multi-year, fixed-term LNG bunker supply agreement.

The exclusive supply deal is for 10 years and will initially be for deliveries in Barcelona, Valencia and Algeciras, but will extend to all the Iberian Peninsula ports at which the ferry firm operates, as well as the company's new fleet of LNG-powered ships.

As part of the agreement, Fenosa will have a dedicated LNG supply vessel in Barcelona; the two firms are also working on a land-based supply solution for Valencia and Algeciras, Fenosa said.

Joaquin Mendiluce, Fenosa's Director of Wholesale Marketing for the Iberian Peninsula, commented: "At Gas Natural Fenosa we work to offer solutions that allow for the sustainable and profitable development of maritime transport. The agreement we have reached with Balearia corroborates this, as we have designed a different technical solution for each of the ports in which we are going to carry out the gas supply."

Adolfo Utor, president of Balearia, remarked: "In our commitment to LNG, the agreement with Gas Natural Fenosa represents a strategic alliance. We are currently building the first two vessels propelled by this clean energy that will operate in the Mediterranean. It is expected that at the beginning of next year, the first will begin to operate, which makes us pioneers in the use of LNG. We bet on clean energy because we are convinced that we can fight against climate change and at the same time be competitive."

As Bunker Index previously reported, last year Fenosa performed the first Barcelona LNG delivery to a Balearia ferry on January 29.

Last week, Fenosa launched what it described as the world's first universal floating LNG transfer system.






Related Links:

Balearia to showcase fuel-related projects in Madrid
Balearia's first bunker-saving 'eco fast' ferry in operation
Balearia launches first of four bunker-saving 'eco fast' ferries
Fenosa launches world's first universal floating LNG transfer system
Trelleborg supplies solutions to world's first floating LNG ship-to-shore system
Spain

Latest News:

KC LNG unveils 'game-changer' Y-piece that slashes bunker delivery times
Maersk COO explains unit cost at fixed bunker price, outlines fuel efficiency plan
Brent remains near $80
Oil and fuel oil hedging market update
MAN Diesel & Turbo joins SEA\LNG
Crew member files lawsuit against Vane Line Bunkering
GoodFuels secures funding from Dutch investment firm
Maersk Ocean profit impacted by higher bunker costs... which surge to almost $1.2bn
Oil and fuel oil hedging market update
Oil at three-and-a-half-year high on inventory deviations, geopolitical uncertainty
KPI Bridge Oil announces Group Marketing Manager promotion
Praxis looking to hire bunker trader in Singapore




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Cape Town
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio
Rotterdam
Santos
Singapore
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Contact & Terms
Contact Us
Advertise
Terms & Conditions
Privacy Policy
Events
Upcoming Events