Page 16 - GLNG Week 07 2023
P. 16

GLNG                                                                                                   GLNG



         TIMOR GAP President and CEO, Antonio   of favouring the development of the LNG   for 2022
       de Sousa, said he was pleased that TIMOR   market as a sustainable maritime fuel, and
       GAP’s efforts have substantially contributed   guarantee supply in ports, online with the   On February 13, Nakilat, a shipping company
       towards realising the long-awaited goal of   European Directive on alternative fuels.”  owned by the Qatari state, announced that
       developing Greater Sunrise.            Knutsen Founder and Owner, Trygve   it had achieved a record profit of 1.44 billion
         “This path forward is a significant   Seglem, commented: “The Haugesund   Qatari riyals, which is equivalent to $395
       commitment to our stakeholders, to the   Knutsen confirms Knutsen’s strategic line,   million in 2022, marking an increase of 6.3%
       aspirations of those who made sacrifices to   which began 15 years ago with Pioneer   compared to the previous year. This growth
       achieve independence for the Democratic   Knutsen, to bet on small scale LNG as a tool   was attributed to the company’s diversification
       Republic of Timor-Leste, and to the future of   to reinforce the use of LNG as marine fuel and   of its portfolio and expansion of its fleet.
       our people and Timor-Leste. It offers a clearer   thus help in the objective of decarbonisation   Nakilat also reported a year-on-year
       path to prosperity, equality, peace, stability,   and improvement of the environment in   revenue increase of 6.3%, bringing its total
       and sustainability for current and future   Europe and the Mediterranean.”  revenue to 4.4 billion riyals. In addition, the
       generations,” he said.                 President of Shell Spain, Óscar Fernández,   company declared a cash dividend of 0.13
         Woodside Energy CEO, Meg O’Neill, said   said: “The Haugesund Knutsen ship, which   riyals per share.
       the development of new technologies and   joins our global network of bunkering,   According to Abdullah Al-Sulaiti, the CEO
       growing demand for safe and reliable LNG   is a magnificent example of how the   of Nakilat, the company’s recent strategic
       meant it was the right time to bring forward   collaboration between the different actors in   expansion of its fleet, which includes four
       the concept select programme.       the sector together with the support of public   additional LNG carriers, and the improved
         “It is important we continue to look at ways  administrations, will make it possible to   performance of its joint ventures operating in
       to develop the Greater Sunrise fields using the   jointly achieve decarbonisation objectives.”  the drydock, demonstrate their commitment
       latest technologies by evaluating, for example,   President of the Port of Barcelona, Lluís   to innovative sustainability and operational
       modular LNG, that did not exist in the past.   Salvadó, stated: “Having a boat like the   excellence. This expansion has enabled
       Against a backdrop of global geopolitical   ‘Haugesund Knutsen’ and the accumulated   Nakilat to increase its fleet capacity, enhance
       instability and constrained energy supply   experience as partners in its design   operational efficiency, and gain a competitive
       chains, there is an opportunity for the SJV to   and construction further reinforces the   advantage as it expands its portfolio in the
       significantly advance this regionally important   positioning of the Port of Barcelona as a port   global transportation market, constantly
       project,” she added.                for the supply of alternative fuels and reach   seeking growth opportunities that benefit its
         Osaka Gas Australia Managing Director,   the goal of reducing our carbon emissions by   shareholders in the long term.
       Yo Otsuka, said it was important to assess and   50% by 2030.”             Nakilat currently has a fleet of 74 vessels,
       compare the development concept from both   Prior to the presentation of the ship,   consisting of 69 LNG carriers, four LPG
       technical and commercial points of view to   Gonzalo and Salvadó signed a memorandum   carriers, and one FSRU.
       select the best option for the success of the   of understanding (MoU) to jointly promote
       Sunrise project.                    hydrogen projects renewable energy in the
         In parallel to the concept select   area, in line with the objective of the H2MED   Singapore ceases LNG
       programme, the SJV is progressing the   project to develop the first green hydrogen
       negotiation of the new Production Sharing   corridor in the EU, where Barcelona will be a   bunkering concessions
       Contract, Petroleum Mining Code and   key enclave.
       associated agreements with the Timor-  The entry into operation of H2MED will   The Maritime and Port Authority of Singapore
       Leste and Australian Governments, which,   allow the connection of the Port of Barcelona   (MPA) announced on February 6 that it will
       upon finalisation, will provide the fiscal   with the Spanish Hydrogen Trunk Network,   immediately discontinue the concession for
       and regulatory certainty required for a   which will continue to reinforce the role of the   floating storage units and floating storage
       development to proceed.             Port as a key energy hub in Europe to achieve   regasification units that support LNG
                                           the objectives of decarbonisation.   bunkering and breakbulk activities in the port.
                                              The ‘Haugesund Knutsen’ has had the   The MPA stated that it has sufficient capacity
       Scale Gas and Knutsen               launching ceremony in the Port of Barcelona,   for LNG bunkering and, therefore, will no
                                           where it will load and supply LNG as fuel to
                                                                                longer offer the 50% harbour craft port dues
       inaugurate Spain’s first LNG        ships, as well as in areas adjacent.  concession for these units. The MPA has been
                                                                                working with the harbour craft and shipping
                                              It will also serve more customers in the
       bunkering barge                     Mediterranean region, playing a key role   community to develop the LNG ecosystem in
                                                                                Singapore, which includes providing grants
                                           for the security of supply in the region and
         Enagás subsidiary, Scale Gas, and Knutsen   promoting the use of LNG as the most   for the construction of LNG-fuelled harbour
       have presented the first ship to supply and   respectful fuel with the environment at   craft and LNG bunker vessels.
       transport LNG built in Spain at the Barcelona   present for the Marine transport.  Singapore’s first LNG bunker vessel, the
       Regasification Plant. The ‘Haugesund   The boat complies with all the security   FueLNG Bellina, was delivered in March
       Knutsen’, chartered by Shell Spain and Built by   measures established by the different   2021, enabling ship-to-ship LNG bunkering
       Astilleros Armón Gijón, will be based in the   community regulations, has a storage capacity   to take place in port. The MPA said that the
       Port of Barcelona.                  of 5000 m3, with two bilobal tanks of 2500   expected commencement of operations of
         Arturo Gonzalo, CEO of Enagás, said: “The  m3 each, and an LNG supply capacity of 1000   Singapore’s second LNG bunkering vessel later
       construction of the ship is a step forward in   m3/h. It is 92.75 m in length, 16.9 m in beam   this year will further boost the country’s LNG
       meeting the European decarbonisation goals   and 4.25 m of draft.        bunkering capacity. The naming ceremony
       with the promotion of LNG as a sustainable                               for this vessel, the Brassavola, was held at
       fuel in maritime transport.” He added:                                   Sembcorp Marine’s Tuas Boulevard Yard in
       “This initiative is part of a European project   Nakilat reports record profit   Singapore last year. ™
       coordinated by Enagás within the LNGhive2
       strategy led by Puertos del State, with the aim



       P16                                      www. NEWSBASE .com                       Week 07   16•February•2023
   11   12   13   14   15   16   17   18