Page 18 - GLNG Week 50 2020

GLNG MIDDLE EAST GLNG

DESFA lands operator role

at Kuwaiti LNG terminal

PROJECTS & GREEK gas transmission system operator Kuwait already imports LNG at its 5.8mn
COMPANIES DESFA has won a contract to run Kuwait’s tonne per year (tpy) Mina Al-Ahmadi terminal,
second LNG import terminal, following a commissioned in 2009. But the Gulf state wants
tender. to expand the use of gas in power generation, in
DESFA will operate and maintain the facility order to cut down on costlier and more polluting
in Al-Zour for five years. In a statement, the grid fuel oil. While the country is making efforts to
firm said it had secured the contract thanks its increase domestic supply, it also recognises that
“high specialisation” and “know-how”, as well as more LNG will be needed to keep up with the
that of its shareholders, Italy’s Snam and Spain’s pace of demand growth.
Enagas. The Al-Zour terminal is set to receive up to
“The experience gained by DESFA from man- 3mn tpy of LNG from Qatar Petroleum under
aging the Greek transmission system and the a 15-year deal signed last year. The facility is
LNG terminal in Revithoussa also had a catalytic equipped with eight storage tanks, each with a
contribution to the undertaking of the project,” 225,000 cubic metre capacity.
it said. DESFA has been operating the Revithoussa
The building of the Al-Zour terminal began LNG terminal in Greece since 2008 and the com-
in 2016 and is expected to finish next year, with pany reportedly wants a role in the development
commercial deliveries commencing in 2022. It of a second Greek regasification facility planned
will supply gas to local power plants and indus- in Alexandroupolis. Snam has a 39.6% stake
try, including a new 615,000 barrel per day (bpd) in DESFA, while Enagas has 13.2%. Belgium’s
oil refinery that Kuwait National Petroleum Co. Fluxys also has 13.2% and the Greek government
(KNPC) is building. has 33%.™

NEWS IN BRIEF

AMERICAS previously secured under an exclusive option ASIA
to the Lease agreement.
Texas LNG, subsidiary of LNG (a minority owner of the Texas LNG probunkers submits request
Vivek Chandra, Founder and CEO of Texas
Glenfarne Group and Alder project) said: “We appreciate the ongoing for LNG bunkering license in
support from the Port of Brownsville. The
Midstream, announces execution of a long-term lease is an important Port of Singapore
step in the development of Texas LNG.
long-term lease with the With these approvals and permits secured, probunkers responded to the Request for
Texas LNG is positioned to pursue a low-
Proposal (RFP) of the Maritime and Port
Port of Brownsville cost, flexible commercial model for global Authority of Singapore (MPA) for new
licensees for supply of LNG as a marine fuel in
customers when operations begin in 2025,
Texas LNG Brownsville has entered into a delivering to our partners, service providers, the Port of Singapore.
long-term lease agreement with the Port of investors, and customers.” The submission request for an LNG
Brownsville, successfully securing the Texas Langtry Meyer, founder and COO of bunkering license for the Port of Singapore is
LNG export project site for up to 50 years. The Texas LNG LLC said, “Texas LNG has aligned with the business plan of the company.
lease agreement is an important milestone forged a strong partnership with the Port of Over the last two years the management team
bringing the FERC permitted project closer to Brownsville by signing this lease agreement of probunkers is working closely with all
a final investment decision (FID), while also with a duration of up to half a century. stakeholders in all areas of interest.
confirming to liquefied natural gas (LNG) Texas LNG is committed to operating in an probunkers’ CEO, Alexander Prokopakis
buyers that Texas LNG is well-positioned to environmentally responsible, safe manner, commented: “Our submission request for
support the continued growth of the LNG providing economic benefits to the local an LNG bunkering license for the Port of
market. community, and delivering clean, reliable, Singapore supports our quest to become
The lease agreement covers a 625-acre low-cost Texas natural gas energy to our the first independent global LNG bunker
site located within the Port of Brownsville. customers around the world from the Port of supplier. The LNG fuelled fleet is growing and
Texas LNG plans to construct and operate Brownsville.” we see an increasing interest from charterers
a 4mn tonnes per annum (mtpa) LNG TEXAS LNG BROWNSVILLE, December 17, 2020 and shipowners for LNG as a marine fuel.
export terminal on a deepwater frontage site It is widely acceptable that in order to see

P18 www. NEWSBASE .com Week 50 18•December•2020