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 

Lyla Pathfinder naming ceremony. NYK names eighth dual-fuel LPG carrier at Kawasaki Heavy Industries yard  

Lyla Pathfinder is capable of operating on both heavy fuel oil and LPG.

Verde Marine Energy and Eleven Energy logo. Verde Marine Energy and Eleven Energy formalise strategic collaboration  

Alliance combines physical supply capabilities with an expanding international trading business.

Laura DiBella, FMC. US Federal Maritime Commission chair to keynote IBIA Convention 2026 in New York  

Laura DiBella to address marine fuel industry leaders on regulation and market direction.

VPS logo. Longer drains, lower cost: The role of oil analysis of synthetic engine oils | Joe Star, VPS  

VPS recommends robust oil analysis programme for the safe extension of drain intervals.

We are hiring graphic message with a handshake gesture. Sing Fuels seeks supply trader for Asia role  

Bunker firm looking to hire trader in role focused on marine fuel procurement and supplier relations.

Dan-Bunkering logo. Dan-Bunkering posts $36.4m pre-tax earnings as alternative fuel orders surge 50%  

Danish firm reports 5% bunker volume rise amid supply disruptions, price volatility and geopolitical uncertainty.

ECSA logo. Shipping contributes up to €9bn annually to EU ETS budgets, ECSA study finds  

New analysis calls for ETS revenues to be reinvested in shipping’s energy transition.

Finnlines ro-ro passenger vessel render. Wärtsilä propulsion solutions selected for nine Grimaldi Group newbuilds  

Fuel-flexible engines, scrubbers and hybrid systems ordered for ferries across three Grimaldi fleets.

Paola Prieto, Burando Energies. Burando Energies appoints senior bunker trader to lead Latin America expansion  

Paola Prieto joins Burando Energies’ trading team with a focus on Latin American growth.

Port of Quebec aerial view. Port of Québec secures C$5.1m from provincial government for shore power electrification  

Funding will support shore power infrastructure at two wharves, targeting availability by autumn 2028.


↑  Back to Top