AsiaVessels

Petronas starts using Avenir’s LNG newbuild

By Mirza Duran
Petronas starts using Avenir's LNG newbuild
Image: Avenir LNG

A unit of Malaysian energy giant Petronas has started using Avenir’s first small-scale LNG newbuild following the vessels’ delivery earlier this month.

Avenir delivered the dual-purpose LNG bunkering and supply vessel (LBV) Avenir Advantage to Future Horizon on October 24.

Future Horizon, a joint venture between Petronas’ unit MISC and Avenir, chartered the vessel to Petronas LNG for a period of three years.

According to Avenir, the vessel is the first dedicated LBV in South East Asia.

It will supply LNG fuel to ships operating in the region and deliver it directly to Petronas small-scale customers.

Avenir Advantage is the first of two sister ships Avenir ordered from Keppel Nantong.

The second vessel Avenir Accolade will join the firm’s fleet by year-end. This ship will transport chilled fuel for Golar’s JV Hygo Energy to various ports across Brazil.

These ships are 123.4 meters long and feature dual-fueled propulsion and type C tanks. Both have a price tag of about $4o million, each.

Most Popular

Corporate

Japan’s MOL merges six ship management companies into one entity

Japanese shipping giant MOL, owner of a large LNG carrier fleet, has merged six of its ship management companies...
Top News of the Week

Top 5 news of the week August 24-30

LNG Prime brings you the five most popular news stories on our platform during the week of August 24-30, 2026.
LNG Terminals

Germany’s BASF gets first LNG cargo under Cheniere contract

German chemicals giant BASF has received its first liquefied natural gas (LNG) cargo under a long-term contract with US LNG exporter Cheniere.

More News Like This

LNG as Fuel

NYK wraps up Avenir LNG stake purchase

Japan's shipping giant NYK has completed the acquisition of a 50 percent stake in UK-based small-scale player Avenir LNG from Norway’s Stolt-Nielsen following regulatory approvals.
LNG Terminals

Malaysia’s Petronas boosts LNG sales in H1

Malaysian energy giant Petronas reported a rise in its liquefied natural gas (LNG) sales and net profit for the first half of this year compared to the same period last year.
Corporate

MISC reports lower LNG earnings in Q2

Malaysia’s LNG shipping player MISC, a unit of Petronas, said its LNG business logged a drop in operating profit and revenue in the second quarter of this year. MISC also expects spot LNG carrier rates to remain volatile in the near term because of uncertainties around the Strait of Hormuz situation.
Corporate

Shell, partners take FID on new project to deliver more gas to Egypt

Egypt, which has turned to LNG imports over the last two years to cover domestic natural gas shortages, will receive more much-needed gas supplies after UK-based LNG giant Shell and its partners took a final investment decision on the Phase 12a development project in the West Delta Deep Marine (WDDM) concession.