UK Skangas announced that it has signed a Letter of Intent (LoI) with National Grid Grain LNG, to source LNG at the Grain LNG import terminal on the Isle of Grain in the UK. The deal aims to ensure that a reliable supply of LNG is available, something critical for the small-scale LNG market.
This development makes Skangas the first small-scale LNG supplier to enter into such an agreement with a UK-based import terminal.
Grain LNG is committed to developing an LNG break bulk marine facility, to faciliatate small vessels reload and bunker LNG.
Grain LNG will be the first facility in the UK to offer small-scale ship reloading facilities at its import terminal on the Isle of Grain.
“We believe the best way to encourage growth in the market is to offer competitive alternatives which ensure security of supply for small scale market participants. Grain LNG is excited to be at the forefront of developing this market in partnership with progressive companies such as Skangas. The facility will include an extension to existing jetties to cater for break bulk marine LNG carriers up to 20 000 m3. This will meet the needs of Skangas’ fleet of LNG carriers,” said Nicola Duffin, Senior Commercial Manager at Grain LNG.
By making LNG available to the small-scale market, a cost-effective LNG supply will be created, Skangas added.