Peninsula, Enagas place order for one LNG bunkering vessel in Korea

Marine fuel supplier Peninsula and a unit of Spanish LNG terminal operator Enagas have ordered one LNG bunkering vessel in South Korea.

South Korea’s Hyundai Mipo would build the 12,500-cbm LNG bunkering ship and deliver it in the third quarter of 2023, Enagas said in a statement on Friday.

In that regard, the firm’s small-scale unit Scale Gas and Peninsula signed a deal to jointly own and order the vessel, Enagas said.

Furthermore, Peninsula will charter the ship for an initial period of seven years. The firm has earlier this year completed its first fueling operation offshore Malaysia after it created a dedicated LNG bunkering unit.

Based in Algericas, the new bunkering ship will work in the Strait of Gibraltar and load LNG at Enagas-operated terminals, mainly Huelva, the statement said.

In addition, the European Union’s Connecting Europe Facility would provide 11 million euros ($13.3 million) for the project.

Enagas revealed EU support for this project last year, along with an LNG bunkering project in Barcelona. Total costs for the Algericas project would reach 56 million euros ($68.1 million), the firm said then.

These developments are part of the CORE LNGas hive project, LNGHIVE2, coordinated by the Spanish company.

Most Popular

LNG carrier arrives to load first LNG Canada cargo

The 174,000-cbm GasLog Glasgow has arrived at the LNG Canada jetty in Kitimat to load the first LNG cargo produced at the Shell-led terminal, an LNG Canada spokesperson told LNG Prime on Saturday.

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.

BP seals LNG SPA with Italy’s A2A

UK-based energy giant BP has signed a long-term liquefied natural gas (LNG) supply deal with Italian electricity and gas distributor A2A.

More News Like This

Spanish LNG imports up in May

Spanish liquefied natural gas (LNG) imports continued to rise in May, with the US supplying most of the volumes.

Spanish LNG imports continue to rise

Spanish liquefied natural gas (LNG) imports jumped in April, with the US supplying most of the volumes.

Spanish LNG imports jump

Spanish liquefied natural gas (LNG) imports jumped in March, with the US supplying most of the volumes.

Keel laid for Scale Gas LNG bunkering vessel in China

Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering has laid the keel for a liquefied natural gas (LNG) bunkering vessel it is building for Scale Gas, a unit of Spain’s Enagas.