CLP, CNOOC in Hong Kong LNG bunkering move

According to a statement by CLP, the group’s unit CLPe signed a cooperation framework agreement with China National Offshore Oil Company Guangdong Water Transport Clean Energy (CNOOC) to form a joint venture.

Under the cooperation agreement between CLPe and CNOOC, the planned joint venture
will sell and supply LNG as fuel to ships in the port of Hong Kong,

CLP said this will support the development of the LNG fuel bunkering sector in the Guangdong Hong Kong-Macao Greater Bay Area (GBA) and further consolidate Hong Kong’s position as a leading international maritime center.

The group did not provide further information regarding the LNG bunkering JV.

CNOOC has two operational LNG bunkering vessels in China.

In July, CNOOC’s new LNG bunkering vessel, Hai Yang Shi You 302, completed its first operation in China’s Ningbo-Zhoushan port.

This vessel has a capacity of 12,000 cbm.

This LNG bunkering ship adds to to the 30,000-cbm, Hai Yang Shi You 301.

CNOOC claims this is the world’s largest LNG bunkering vessel and it completed the first operation with this vessel in January last year.

On the other hand, Hong Kong’s first FSRU-based LNG import facility, owned by a joint venture of CLP Power and HK Electric, started commercial operations last year.

MOL’s 263,000-cbm FSRU Bauhinia Spirit serves the offshore terminal under a charter deal.

Regasified LNG is being sent to CLP Power’s Black Point power station and HK Electric’s Lamma power station, raising the power companies’ low-carbon generation capability and fuel supply security in support of Hong Kong’s energy transition.