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 

Empire State Building, New York. Monjasa recruiting trader for New York team  

Experience in marine fuel or shipping an advantage but not a requirement.

Maritime Bunkering course participants. SSA launches training course to prepare maritime companies for Singapore’s mandatory digital bunkering  

Course designed to help companies evaluate the impact of digitalisation on their existing workflows and business processes.

Limassol cityscape. Monjasa opens two trader roles at Cyrpus base, one for Italian speaker.  

Experience in shipping or sales described as a requirement.

GRSE work order handing-over ceremony. GRSE wins West Bengal orders for two hybrid diesel-electric ferries  

Indian state-owned shipbuilder expands green inland waterway portfolio with latest contracts.

New Sea Generation (NSG) logo. New Sea Generation seeks experienced bunker traders in Greece  

Bunker trading firm is offering equity and a path to partnership.

OOCL Grace vessel. OOCL names second 24,000-TEU methanol dual-fuel vessel in China  

OOCL Grace is second of seven methanol dual-fuel vessels being built for the carrier.

Ramanda and Fure Ven vessels. Four shipowners order vessels to extend Furetank’s Vinga tanker series to 26 ships  

Swedish, Norwegian and Canadian owners back expansion of ice-class product tanker series.

Petrobras logo. Petrobras receives authorisation for export bunker sales by barge at the Port of Suape  

Brazilian energy company can now supply VLSFO and LSMGO to export-bound vessels from northeastern port.

RINA employee on board vessel. RINA unveils Mermaid propulsion concept to navigate uncertain decarbonisation landscape  

Fuel-agnostic design claims savings of more than 1,000 tonnes per year in some applications.

Adinkerke and Aalter naming ceremony. Exmar names third and fourth dual-fuel ammonia-powered vessels  

Midsize gas carriers Adinkerke and Aalter named at formal ceremony.


↑  Back to Top