Page 18 - NorthAmOil Week 42
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NorthAmOil                                   NEWS IN BRIEF                                        NorthAmOil








                                                                                Northern California as well as the refining and
                                                                                biorefining systems in southern California.
                                                                                ZENITH ENERGY US, October 16, 2020

                                                                                DOWNSTREAM

                                                                                Pilot LNG and GAC Bunker
                                                                                Fuels partner to supply LNG

                                                                                marine fuel from Galveston

                                                                                Texas-based Pilot LNG has laid the
                                                                                foundation for a partnership with GAC
                                                                                Bunker Fuels (GAC) for the supply of
                                                                                liquefied natural gas (LNG) as a marine fuel
                                                                                from its proposed Galveston LNG Bunker
                                                                                Port terminal project, which will be the first
                                                                                dedicated LNG bunker terminal in the region.
                                                                                  The two companies have executed a heads
                                                                                of agreement (HOA), which outlines the
       Bureau of Land Management and filing an   it has completed the acquisition of three   terms of a partnership. It prepares the ground
       implementation plan with the FERC, Double   interconnected terminals in greater Los   for Pilot to provide LNG marine fuel to GAC
       E expects to receive FERC’s notice to proceed   Angeles from Plains All American Pipeline.   on a delivered ex-ship (DES) basis for its
       with construction. This notice to proceed is   This acquisition demonstrates Zenith’s   customers in the Galveston Bay Port complex,
       expected within the next 90 days.   continued commitment to expanding its   including the ports of Houston, Galveston
         Heath Deneke, president, chief executive   portfolio of high-quality, safe and reliable   and Texas City, as well as Galveston Offshore
       officer and chairman, commented: “I’m   energy storage solutions to meet the growing   Lightering Area, on a long-term basis.
       pleased that Double E has received FERC   need of customers in key markets across the   “The Galveston LNG Bunker Port will
       approval, which is an important milestone   country.                     provide the LNG to supply GAC’s growing
       in the development of the Double E     “Zenith is excited to be entering the Los   market for cleaner marine fuel, particularly
       pipeline project. SMLP continues to focus   Angeles market with these strategic assets,   as its customers seek economic ways to
       on developing this world-class project on   which can efficiently supply California’s   comply with tightening emissions regulations,
       schedule and under budget in a safe and   current energy needs with great flexibility to   including IMO 2020,” says Pilot chief
       efficient manner. Due to the efforts of the   play a part in the future low-carbon energy   executive, Jonathan Cook. “The opportunity
       hard-working men and women developing   landscape” said Jeff Armstrong, president and   to work with such a strong global player like
       this project to lock-in costs and capture value,   chief executive officer of Zenith.  GAC is a very exciting step forward for Pilot
       the total cost to complete Double E is now   The terminal and pipeline infrastructure   and the Galveston project.”
       tracking approximately 15% below original   comprise terminals in Los Angeles County,   GAC Bunker Fuels’ global director,
       budget established at FID in June 2019. We   commonly referred to as the Long Beach,   Nicholas Browne, adds: “We have a proven
       are in the process of finalising third-party   Dominguez Hills and Alamitos terminals,   track record of more than three decades
       financing for substantially all of SMLP’s   in addition to approximately 50 miles of bi-  supplying quality marine fuels to the shipping
       remaining Double E capital obligations and   directional pipeline providing interconnection   sector, and we continually adapt to meet our
       we expect to secure financing concurrently   between the terminals as well as direct   customers’ evolving needs. This agreement
       with receipt of FERC’s notice to proceed with   connectivity to all major refineries in the   with Pilot will allow us to grow our portfolio
       construction. I look forward to providing   region.                      of alternative fuels, with LNG as the cleanest
       more commentary on Double E, and the   “The Los Angeles Terminals and related   and most cost-effective way for shippers to
       related financing, during our upcoming third   infrastructure are both beneficial for   meet compliance.”
       quarter earnings call.”             customers and strategically important for our   GAC Bunker Fuels is the world’s only
       SUMMIT MIDSTREAM PARTNERS, October 16,   business,” said Armstrong “We look forward   bunkering company with an integrated ISO
       2020                                to bringing to bear our core values, including   9001, 14001, and 45001 certification for
                                           safety first and environmental protection   bunker procurement that also covers LNG as
       Zenith Energy US acquires           among many others, through our expanded   a marine fuel.
                                           footprint to continue to deliver high-quality
                                                                                  In September, GAC acted as bunker broker
       three interconnected West           service. We are also excited to welcome new   for the Swedish dual-fuelled vessel FURE
                                                                                VEN when it became the first non-US flagged
                                           employees to the Zenith family as we swiftly
       Coast terminals from Plains         transition operation of the terminals.”  vessel to bunker LNG in the United States,
                                              The terminals have an aggregate storage
                                                                                taking on supplies at the Port of Jacksonville
       All American Pipeline               capacity of 8.2mn barrels and are connected   (JAXPORT).
                                           to deep water docks and Line 2000, Line
                                                                                PILOT LNG, October 20, 2020
       Zenith Energy US, today announced that   63 and the M70 pipeline systems from

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