China’s CNOOC says inks deals to fuel 150 LNG-powered ships

China National Offshore Oil Company (CNOOC) said it has signed deals to supply liquefied natural gas to 150 LNG-powered vessels.

The LNG bunkering contract is the first of its kind in China including a large number of ships, according to a statement by CNOOC.

CNOOC’s gas and power unit signed the deals earlier this month with Guangdong Province Navigation Group, parent of GNG Ocean Shipping which has this year ordered 50 small LNG-powered bulk carriers at CSSC’s Guijiang Shipbuilding.

In addition, CNOOC’s unit would supply liquefied natural gas to Guangxi Jinxiang Shipping’s 100 LNG-fueled vessels, it said.

All of the vessels would only have LNG propulsion and would work on the Pearl River in Guangdong province, CNOOC said.

CNOOC has already revealed in March it would supply GNG Ocean’s vessels. But the 100 LNG-powered vessels for Guangxi Jinxiang Shipping is a new development.

According to CNOOC, the first out of GNG Ocean’s 50 LNG-powered vessels would already join the fleet at the end of September, while the entire delivery would complete by the end of March 2022.

On the other side, the first of Guangxi Jinxiang Shipping’s 100 LNG-fueled ships would join the fleet in April 2022. The entire delivery should complete in December 2023, CNOOC said.

The state-owned firm did not disclose any additional information on these vessels or the volumes it would supply.

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