Malaysia liquefied natural gas (LNG) player Godell Gas International Sdn Bhd (GGI) on Wednesday (14 October) entered into two LNG related agreements with Petronas Dagangan Bhd (PDB), the subsidiary of Petroliam Nasional Bhd (Petronas), according to Bernama.
The first agreement will see GGI carrying out ship to ship LNG bunkering operations for PDB via its own LNG bunkering vessel.
“GGI is also committed to build, own and operate the first Malaysian flag 12,000 cubic metre LNG bunker vessel, the first of three series is expected to be delivered in the second half of 2022,” said Raja Azhar Raja Ismail, Group Managing Director of GGI, as quoted by Bernama.
“With the LNG bunker vessel, GGI is positioning itself as one of the key players in LNG bunkering, supporting Petronas’ and Malaysia’s aspiration to become the top players in LNG bunkering regionally.”
The second agreement will oversee Petronas supplying LNG to GGI from its Regasification Terminal in Pengerang, Johor.
GGI will distribute the LNG to off-grid customers throughout Malaysia through its own virtual pipeline system (VPS) comprising of storage and vaporiser facilities.
The LNG bunkering and VPS agreements with Petronas have resulted in GGI entering into a memorandum of understanding (MOU) with CPP Petroleum Engineering (M) Sdn Bhd (CPP) and China Construction Bank (Malaysia) Bhd (CCB) to support both projects.
Photo credit: Wayne Chew on Unsplash
Published: 15 October, 2020
LNG bunkering was conducted safely and efficiently from a tank truck at the No. 5 quay of Shinko, Yokohama.
World’s largest LNG bunker supply vessel was officially christened last Friday at the Hamburg Cruise Center.
‘LNG as bunker fuel makes sense, but we should focus first on certain trade routes meeting key fundamentals.’
French development includes arrangement for a complementary bunkering solution at Singapore port.
Plans to accumulate know-how on LNG-fuelled vessels through the operation of the Ishin, it states.
At new Eagle LNG Partners liquefaction facility located near Jacksonville Florida, built to support LNG bunkering ops.
‘We need to keep in mind the saying “penny wise pound foolish”,’ says Captain Rahul Choudhuri, the Managing Director AMEA at VPS, who stresses on the essential role of the Bunker Surveyor.
Legal representatives met at the High Court on Tuesday to discuss the discharge of KPMG liquidators from all liability in respect of conduct in the course of winding up, show court documents.
Global sentence adjusts to 80 month’s imprisonment term for both Chang and Koh under application of the Masui sentencing framework; fine of SGD 6.2 million against Chang remains unchanged.
Company has been ranked EIGHTH for 2020; ‘we are humbled and proud to be placed amongst the top ten winners of the Enterprise 50 Awards,’ says Satnam Singh, COO, Sing Fuels.
Mads Bjornebye, Manager of Bunker Services at Teekay Tankers Ltd, shares about the company’s perspective of e-BDNs, bunker purchasing & planning tools, while offering his thoughts on future marine fuels.
Maritime sector may find it increasingly challenging to manage bunker prices, Dennis Ho, Managing Director at ElbOil Singapore tells Singapore bunkering publication Manifold Times.
