Mitsui & Co. Novatek and Sumitomo Join SEA LNG

Three new members – Mitsui &amp. Co. Novatek and Sumitomo have joined SEA LNG. the industry body that lobbies for increased take-up of LNG as marine fuel.
SEA LNG launched a year ago with a dozen members. It now has 28. The group is working to break down the commercial barriers that prevent adoption of LNG as a clean. commercially viable alternative bunker fuel.
Trading. investment and services giant Mitsui &amp. Co has interests in 11 LNG projects. including eight now in production. It is a partner in an LNG-bunkering pilot project in Singapore and is working with Gazprom to study LNG-bunkering.
Novatek is one of Russia’s largest independent producers of natural gas. Its most high-profile project is Yamal LNG. the vast 16.5 million tone a year production project in the Russian Arctic that is due to deliver its first cargoes this year.
Sumitomo is one of Japan’s largest trading firms. with a 65-year track record in bunker trading. It has interests in pipeline gas trading in the US. in owning and operating LNG carriers and a stake in proposed US LNG-export project Cove Point LNG.
“Our aim. since inception. was to form a coalition that unites key players from across the entire LNG value chain.“ says SEA LNG chairman and TOTE executive vice-president Peter Keller. “The addition of our three new members further strengthens our organization.“

About core

Check Also

Qatar Airways Signs Deal with Shell for SAF Supply at Amsterdam Schiphol Airport

Qatar Airways has signed a deal with Shell to source 3000 t of neat sustainable …

Leave a Reply

Your email address will not be published.