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.

LNG   China 

E-fuels volumes per country. Europe risks falling behind China in race to produce e-fuels for shipping  

Europe has 69 e-fuel projects but only six are operational, while China is scaling rapidly.

Hiring concept with highlighted candidate. Sing Fuels opens applications for junior bunker trader role  

Singapore-based firm seeks candidates with one to two years of experience in marine fuels or the wider maritime industry.

Eleven Energy logo. Eleven Energy eyes Athens expansion with trader hire  

Riyadh-headquartered firm looking to open its second office in Europe.

Scorpio team with representatives from Monaco's Department of Economic Development. Monaco backs Scorpio Ship Management in European hydrogen propulsion project  

Government co-finances Scorpio’s role in Project Mariner as Europe pushes to develop hydrogen propulsion technology for commercial shipping.

Arlon vessel. Exmar takes delivery of second dual-fuel ammonia carrier at HD Hyundai Heavy Industries  

Arlon is second in a planned series of four ammonia dual-fuel midsize gas carriers.

Singapore Marina Bay skyline. IBT Bunkering & Trading launches Singapore desk to complement Hamburg operation  

German bunker firm says the move gives it round-the-clock coverage across two continents.

Maritime and Port Authority of Singapore logo. Singapore awards eight new LNG bunkering licences ahead of September launch  

The Maritime and Port Authority of Singapore is expanding the city-state’s LNG bunkering capacity with eight new five-year licences.

Launching ceremony of Maran Melina. New Times Shipbuilding launches two LNG dual-fuel crude oil tankers for Maran and Capital Ship  

Two 155,500-dwt LNG dual-fuel tankers floated out for Greek shipping groups.

Lem Azalea and Lem Plumeria naming ceremony. Naming ceremony held for Huangpu Wenchong's first methanol dual-fuel bulkers  

Two 65,000-tonne vessels built for Limassol-based Lemissoler Navigation.

TSS Challenger vessel. Damen launches second CSOV 9020 for TSSM, prepared for future methanol operation  

The vessel, to be named TSS Challenger, is due for delivery in early 2027.


↑  Back to Top