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 

Maran Melina vessel. Angelicoussis Group takes delivery of fifth dual-fuel Suezmax tanker  

Maran Tankers Management adds the 155,500-DWT Maran Melina to its fleet.

CMA CGM Orsay naming ceremony. CMA CGM takes delivery of LNG-powered Orsay for Asia-Europe trade  

24,212-TEU vessel joins 10-ship series, adding capacity to the carrier's FAL3 route.

Titan Unikum vessel. Titan Clean Fuels completes 15-year survey on LNG bunkering vessel Titan Unikum  

Multi-gas carrier has undergone dry-docking work at a Chinese yard, preparing it for future upgrades.

Aesen 116H vessel. Lehmann Marine’s CUBE battery system debuts in China aboard hybrid crew boat  

German battery maker’s first Chinese installation targets fuel savings on a Cheoy Lee-built vessel for a Singapore operator.

Person signing a document. Iino Lines secures transition loan from Mizuho Bank for LPG dual-fuel VLGC  

Japanese shipowner finances the acquisition of Lumi Aurora through a green transition finance framework aligned with ICMA guidelines.

ABS, HD KSOE and Siemens MoU signing. ABS, HD KSOE and Siemens partner on digital twin technology for ammonia-fuelled ship safety  

Three firms will combine CFD analysis and digital twin technology to assess ammonia leak scenarios in vessel design.

American Bureau of Shipping (ABS) logo. Nuclear-powered LNG carriers cost more upfront but cut lifetime fuel bills, ABS-backed study finds  

Joint study with Blossom Energy examines the economics of a 174,000-cbm LNG carrier powered by a small reactor.

Christos Doulaveris, Flex Commodities. Flex Commodities appoints Christos Doulaveris as general manager for Greece  

Bunker trader strengthens its Greek operations with a new leadership appointment.

Chang Ping Yuan vessel. China delivers first domestically built VLGC under Chinese flag  

Cosco Shipping’s new 88,000-cbm gas carrier features an LPG dual-fuel main engine.

IMO, GreenVoyage2050 and Republic of Türkiye MoTI logos. Electric and hybrid ferries could cut Sea of Marmara emissions by 63%, IMO study finds  

A GreenVoyage2050 study finds that electrification could slash emissions, avoid €492 million in damage costs and support jobs.


↑  Back to Top