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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
P18 www. NEWSBASE .com Week 42 22•October•2020