Malta Freeport Terminals welcomed the first ever LNG-fueled container ship to visit Malta during the course of the vessel’s maiden voyage from Asia to Rotterdam. The ‘Containerships Polar’ discharged more than 560 containers during its call to Malta.
LNG as a fuel
The biggest LNG terminal in the Nordics opened on June 11 in Röyttä harbour, Tornio. The new terminal aims to meet growing demand for low emission LNG and enhances LNG’s security of supply in the Northern Nordics. The deployment of Tornio’s new LNG terminal will ensure shipments to Northern Finland and Sweden.
US Senators Todd Young, Bill Cassidy, M.D., and Michael Bennet have brought the Waterway LNG Parity Act before Congress. This bill mandates excise taxes on LNG for marine transportation on inland waterways to be levied at a rate consistent with energy output regarding diesel and gasoline.
Following the visit of Poland’s President, Andrzej Duda to Washington D.C., the Polish Oil and Gas Company signed an agreement with Venture Global LNG to buy additional 1.5 million tonnes per annum (MTPA) of liquefied natural gas (LNG). The volume of LNG coming from the Plaquemines terminal will increase from 1.0 to 2.5 million tonnes per year, and specifically from 1.35 to 3.38 bcm of natural gas after regasification.
Elenger, an Eesti Gaas subsidiary, began LNG bunkering operations in the port of Helsinki. The ship bunkered was the same that Eesti Gaas bunkered in the port of Tallinn, namely the shuttle Megastar which operates between Helsinki and Tallinn. Megastar will be truck-to-ship bunkered in the port of Helsinki one time per week, while the LNG will be mainly delivered from the new Novatek’s LNG plant in Vysotsk.
BP published its 68th annual Statistical Review of World Energy, reporting that global primary energy consumption grew fast in 2018, driven by natural gas and renewables. However, carbon emissions grew at their highest rate for seven years.
Wärtsilä’s EPC (engineering, procurement and construction) solution for the Tornio Manga LNG receiving terminal includes complete unloading, storage, pipeline distribution, regasification, truck loading, and ship bunkering facilities. The terminal is the largest one in the entire Nordic region.
As IEA informs in its Gas 2019 report, global demand for natural gas will continue its growth over the next five years, due to strong consumption in fast-growing Asian economies and driven by the continued development of the international gas trade. Namely, demand for natural gas increased 4.6% in 2018, which is its fastest annual pace since 2010.
During Nor-Shipping, Martin Wold, head of the Alternative Fuels Insight (AFI) platform at DNV GL – Maritime, presented the latest AFI figures. Mr. Wold said that exponential growth in installed LNG tank capacity indicates a potential boom in LNG for larger vessels over the coming years.
Russia’s Novatek signed a series of partnership deals for the equipment supply and the development of Arctic projects. The company announced an agreement with Gazprom Neft to establish a joint venture, aiming to explore and develop Arctic hydrocarbon fields.
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