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.


Castrol Logo. BP to sell 65% stake in Castrol to Stonepeak for $10bn enterprise value  

Deal brings BP's divestment programme to $11bn, with proceeds earmarked for debt reduction.

Clippership 24-metre class autonomous wind-powered vessel. RINA approves design for Clippership's 24-metre autonomous wind-powered cargo vessel  

Classification society to supervise construction of zero-emission ship featuring twin rigid wings for transatlantic operations.

CMA CGM Antigone vessel. Bureau Veritas classes first methanol dual-fuel boxship as CMA CGM takes delivery  

The 15,000-teu CMA CGM Antigone was built by CSSC Jiangnan Shipyard in China.

AiP award ceremony for floating nuclear plant design. Samsung Heavy Industries' floating nuclear plant design wins ABS approval  

Concept features twin KAERI small modular reactors and a compartmentalised layout to support offshore nuclear power generation.

Claire-Celine Bausager Jørgensen, Dan-Bunkering. Dan-Bunkering Europe appoints Claire-Celine Bausager Jørgensen as senior fuel supplier  

Jørgensen returns to bunker trading after several years in the company's HR department.

CMA CGM Tivoli vessel. DHL and CMA CGM partner on 8,990-tonne biofuel purchase for ocean freight decarbonisation  

Logistics and shipping firms to use UCOME biofuel, targeting 25,000-tonne CO2e reduction.

FincoEnergies Logo. Glencore to acquire majority stake in Dutch marine fuel supplier FincoEnergies  

Transaction expected to complete in Q2 2026, subject to EU anti-trust approval.

CMA CGM Eugenie naming ceremony. CMA CGM names 15,000-teu methanol-fuelled containership CMA CGM Eugenie  

Vessel to operate on Phoenician Express service linking Asia, Middle East, and Mediterranean.

Christian Larsen, Island Oil. Island Oil appoints Christian Larsen as senior trader in Denmark expansion  

Marine fuel supplier establishes operations in Denmark as part of expansion strategy.

HIF Global and Government of Uruguay MoU signing. HIF Global signs Uruguay agreement to advance US$5.3bn e-fuels facility in Paysandú  

Memorandum sets roadmap for final investment decision on plant targeting 880,000 tonnes annual production.


↑  Back to Top