This is a legacy page. Please click here to view the latest version.
Tue 15 Nov 2022, 11:52 GMT

CNOOC joins LNG bunker supply partnership


Network covering North-West Europe and Singapore is strengthened with the addition of Chinese ports.


Gasum's deliver vessel, Kairos, supplies LNG to Ponant's polar exploration ship, Le Commandant Charcot.
Image credit: Gasum

Gasum, Pavilion Energy and CNOOC Gas and Power Group have signed a strategic collaboration agreement to fortify an LNG bunker supply network for customers in Singapore, North-West Europe and the coast of China.

How it will work: The three companies will leverage one another's local expertise, logistics capabilities and LNG bunkering experience in a move aimed at providing efficiency and operational flexibility in LNG-ready ports covering the Baltic and North Sea ECA; key Chinese ports such as Shenzhen, Guangzhou and Ningbo; as well as Singapore.

Background: The agreement is an extension of Gasum's partnership with Pavilion Energy, signed in October 2020, to jointly develop an LNG bunker supply network in Singapore and northern Europe, including the ARA ports of Amsterdam, Rotterdam and Antwerp.

  • The aim of the 2020 partnership was to combine Pavilion's LNG bunkering expertise in Southeast Asia with Gasum's experience as an LNG bunker solutions provider in Northwest Europe.
  • The incorporation of CNOOC Gas and Power Group — a wholly owned subsidiary of China National Offshore Oil Corporation (CNOOC) — is set to strengthen the alliance and boost its geographical coverage with the addition of Chinese ports.

What they said: Mika Wiljanen, CEO of Gasum, commented: "We are very happy about this partnership with Pavilion Energy and CNOOC, not only because it expands our geographical reach and broadens our offering, but this agreement is also an excellent example of the kind of global collaboration that is needed to achieve a carbon-neutral future – no company can do this alone.

  • "The purpose of Gasum is to help our customers and partners transition towards cleaner energy and we see LNG as a very important stepping stone in decarbonizing the maritime industry," Wiljanen added.

Deal   Gasum   LNG  

Truck-to-ship (TTS) LNG bunkering at Port of Palermo. Molgas completes first LNG bunkering operation at Palermo  

Spanish energy firm carries out maiden LNG delivery at Sicilian port.

Maersk 5,900-teu vessel. Tsuneishi China delivers third methanol dual-fuel boxship in series  

Zhoushan shipbuilder hands over another 5,900-teu Maersk container vessel.

Type approval test (TAT) for ME-LGIA ammonia engine. Everllence completes type approval test for ammonia engine ahead of sea trials  

Eight classification societies oversee testing of ME-LGIA ammonia engine at Copenhagen research centre.

Zhong Ran 23 vessel. CPN bunker barge becomes first vessel listed under Hong Kong’s new quality bunkering scheme  

Zhong Ran 23 achieves listing under the Marine Department’s voluntary mass flow metering initiative.

Peder Moller, Bunker Holding. Bunker Holding posts $73m pre-tax profit amid geopolitical headwinds and board overhaul  

Marine fuels exceeds its own expectations despite 4% revenue decline.

Oilmar Board of Directors graphic. Oilmar formalises governance structure with establishment of board of directors  

Dubai-based marine fuels trader Oilmar appoints three-member board.

Henrik Andersen, Vestas Wind Systems A/S. Vestas Wind Systems CEO appointed vice chair of Bunker Holding  

Henrik Andersen joins the board of the marine fuels group with more than two decades of international business experience.

Tina Revsbech, Maersk Tankers. Maersk Tankers CEO Tina Revsbech joins Bunker Holding board  

Danish USTC Group appoints shipping veteran to subsidiary’s board of directors.

Yampu vessel. CSL delivers world’s first battery-powered self-unloading bulk carrier  

MV Yampu will transport limestone for Adbri in Australia, with full electric operation targeted by 2031.

Illustration of hydrogen fuel cell system. NYK, Yanmar and Eneos to install hydrogen fuel cell system on new Tokyo dining cruise vessel  

Three Japanese companies are collaborating to bring hydrogen propulsion to a dining cruise ship due to enter service in 2027.


↑  Back to Top