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Europe’s largest bunkering port and home of the Gate LNG import terminal reported LNG volumes of 220,120 cubic meters in the third quarter of this year, the second-highest quarterly volumes.
Second-quarter volumes rose 7.7 percent compared to 204,418 cbm in the third quarter last year.
LNG bunkering volumes dropped 9.4 percent compared to 242,931 cbm in the second quarter, which marked a new record, while the volumes rose 2.3 percent compared to 215,247 in the first quarter.
During the first nine months of this year, LNG bunkering volumes increased 44.2 percent year-on-year to 678,298 cbm, the data shows.
In 2023, LNG bunkering volumes reached a record level as prices dropped from 2022 and demand continued to increase.
LNG bunkering volumes stood at 619,243 cubic meters in 2023, a rise of 53 percent compared to 406,599 cbm in 2022 when volumes dropped considerably due to high prices.
Besides lower prices, the global LNG-powered fleet continues to increase.
DNV’s latest data shows that there are now 609 LNG-powered ships in operation and 565 LNG-fueled vessels on order.
The classification society added 117 LNG-powered ships to its Alternative Fuels Insight platform in the July-September period.
Order uptake continues to be dominated by the container segment.
These statistics do not include smaller inland vessels or dual-fuel LNG carriers.
Due to increasing demand for LNG as fuel, Gasunie’s and Vopak’s Gate LNG import terminal is also planning to build a second small-scale jetty.
The new jetty would be located across the existing small-scale jetty, which handled record 151 vessels, loading close to 900,000 cbm of LNG last year.