Sign up
Log in Sign up
This is a legacy page. Please click here to view the latest version.
Tue 22 Oct 2013, 07:21 GMT

China Gas plans to start LNG bunkering in 2014


Gas firm intends to upgrade LNG facilities at a number of Chinese ports as part of its LNG bunkering strategy.

China Gas Holdings Ltd. - a Hong Kong-listed holding company with subsidiaries engaged in the supply of natural gas and liquefied petroleum gas (LPG) - is expected to begin LNG bunkering in 2014 in response to the central government's promotion of clean energy for ships and motor vehicles, according to local media reports.

The vice president of China Gas, Liang Yongchang, is cited as saying that the company is in the process of upgrading its LNG facilities at a number of port terminals in China, in order to begin offering an LNG bunkering service to vessels on the Yangtze River from next year.

"There are lots of vessels which will be converted to LNG power, so there is a big potential in the LNG bunkering market," Yongchang is quoted as saying.

The China Gas vice president added that the company would set out to first sign cooperation agreements with shipping firms and then develop LNG bunkering terminals according to their shipping routes.

China Gas supplies natural gas to 195 cities in China and expects sales to skyrocket by as much as fivefold by 2020 as the country pushes for wider use of the fuel to replace coal.

Earlier this year, China Gas agreed to buy the Chinese gas assets of UK-registered Fortune Oil Plc. for $400 million, as part of an effort to tap rising demand for cleaner energy sources.

Propeller Fuels logo. Propeller Fuels reviewing applicants for Singapore bunker trader position  

Bunker firm looking to hire trader to foster new business growth and sustain customer relationships.
Daisy Leader vessel. XFuel raises $20m Series A to scale low-carbon drop-in fuel production  

Maritime investors NYK Line and Stolt Ventures back waste-to-fuel technology targeting shipping decarbonisation.
Aerial view of tanker vessel at sea. Fuel treatment technology shows 21% efficiency gain in university tests  

Fuelre4m's technology reduced fuel consumption in marine engines without modifications, according to an Athens university study.
Peninsula logo. Peninsula seeks bunker trader for Houston office  

Marine fuel supplier Peninsula is recruiting a bunker trader to be based in Texas.
Berge Meru vessel. Berge Bulk completes second rotor sail installation with Anemoi on Newcastlemax vessel  

Four folding rotor sails installed on Berge Meru following earlier deployment on Valemax vessel.
Skarv Shipping cargo vessel render. Wärtsilä to supply ammonia engine for Skarv Shipping newbuild in China  

Norwegian operator’s vessel will be the first newbuild to use Wärtsilä 25 Ammonia solution.
Maersk Trieste vessel. Bound4blue installs first wind propulsion sails on Maersk Tankers vessel  

Spanish firm fits four 24-metre eSAIL units on Maersk Trieste under 20-sail contract.
Chemship and Econowind signing ceremony. Chemship orders VentoFoils for two more chemical tankers after fuel savings of up to 15%  

Dutch operator returns to Econowind for wind propulsion systems on Chemical Contender and Chemical Fighter.
NOCC Adriatic vessel. CIMC Raffles delivers 7,000-car LNG-fuelled carrier 70 days ahead of schedule  

Norwegian Car Carriers takes delivery of dual-fuel PCTC NOCC Adriatic from Chinese shipyard.
Keel-laying ceremony of a 155,500-dwt LNG dual-fuel crude oil tanker with builder's hull no. 0330005. Keel laid for 298,000-dwt LNG dual-fuel VLCC  

Construction begins on crude oil tanker for Andes Tankers I Inc.

↑  Back to Top


 Recommended