Page 15 - GLNG Week 27 2021

GLNG NEWS IN BRIEF GLNG

Bechtel to conduct FEED for EUROPE the ships with LNG will significantly
reduce carbon emissions, marking a clear
energy plant to help power KfW IPEX-Bank: Second improvement on the current standard.”
Lutz Diederichs, CEO BNP Paribas
economic development in Green Loan for Hapag Lloyd Germany, said: “Scaling up the net zero
transition requires a mobilisation of
Vietnam KfW IPEX-Bank is supporting its long- sustainable finance tools across the whole
economy. This latest Green Loan with Hapag-
standing customer Hapag-Lloyd with its
Delta Offshore Energy (DOE) has awarded second Green Loan within six months – to Lloyd demonstrates a progressive approach to
Bechtel a contract to provide Front End finance the construction of six large container decarbonising the shipping sector, which is a
Engineering Design (FEED) services for a vessels. Together with nine other banks, critical industry to support in reducing global
new 3,200 MW combined cycle gas turbine KfW IPEX-Bank is contributing debt capital emissions”.
(CCGT) power plant in the Bac Lieu province, of USD 852 million. In this context, KfW KFW IPEX-BANK, July 2, 2021
approximately 175 miles (250 kilometers) south IPEX-Bank has assumed the role of global
of Ho Chi Minh City in Southern Vietnam. coordinator and lead arranger together with Hyundai Samho picks GTT
The plant consists of four single shaft units BNP Paribas for the syndicated Green Loan.
of H class gas turbine technology and will The vessels, each with a capacity of around for LNG tank design
form the energy backbone of the Mekong 23,500 standard containers (TEU), are
Delta region, earmarked as a focus area for scheduled to be delivered starting in 2024 and GTT announces, at the end of June, that it has
major economic development. are dual-fuel ships able to run on liquefied received an order from its partner the Korean
“This power plant is a game changer for natural gas (LNG). All six ships are being shipyard Hyundai Samho Heavy Industries
the Bac Lieu province,” said Scott Osborne, built by the Daewoo Shipbuilding & Marine (HSHI) for the tank design of a new LNGC1
Bechtel’s General Manager, Infrastructure, Engineering shipyard in South Korea. on behalf of an European ship-owner.
Asia Pacific. “We want to make a difference “With this financing, we are helping our GTT will design the tanks of the vessel
in supporting Mekong Delta and Vietnam by long-standing customer Hapag-Lloyd with its which will offer a cargo capacity 174,000
creating jobs and training, working with local transition to ‘green’ shipping,” said Andreas m3 and will be fitted with the Mark III Flex
businesses, and providing new opportunities Ufer, member of the Management Board of membrane containment system, a technology
for those in the region. We are proud to be a KfW IPEX-Bank. “A Green Loan was possible developed by GTT.
part of Vietnam’s future, contributing to its because Hapag-Lloyd is using the loan funds The vessel will be delivered in the last
energy security, trade, and economy.” exclusively for the project, which has been quarter of 2023.
BECHTEL, July 6, 2021 clearly defined by set criteria – operating GTT, July 5, 2021

Week 27 09•July•2021 www. NEWSBASE .com P15