Page 13 - EurOil Week 02 2022
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EurOil                                      NEWS IN BRIEF                                             EurOil


       to garner enough support to pass.   harder for Cruz’s bill to pass.      bunkering vessel of the Italian shipping group
         The bill is scheduled for a vote at around                             Fratelli Cosulich.
       2:45 p.m. ET (1945 GMT), according to                                      Under the contract, Schottel will deliver
       Democratic Senator Jon Ossoff.      Norway nets record-breaking          the main propulsion of the LNG bunkering
         Cruz struck a deal with Democrats last                                 vessels consisting of two diesel-driven Schottel
       month to get a vote before Jan. 14 on the   revenues from oil & gas      EcoPellers type SRE 360, with a propeller
       Russia-to-Germany natural gas pipeline in                                diameter of 2.3 m.
       exchange for lifting his hold on dozens of   The combination of high production of oil   As described, the EcoPeller fulfils all the
       Democratic President Joe Biden’s ambassador   and gas from a total of 94 fields, significant   requirements of a modern high-performance
       nominations.                        demand, and high commodity prices led to   propulsion unit with the hydrodynamically
         Under the deal, Cruz’s bill would need   a historically high level in Norway’s revenues   optimised design that allows the EcoPeller
       60 votes to pass, a high hurdle in the evenly   from petroleum with much of this being due   to produce maximum steering forces
       divided chamber where bipartisanship is   to record-high gas prices.     and enables top values in terms of overall
       scarce.                                The Norwegian Petroleum Directorate   efficiency and course stability. This reduces
         Cruz’s bill would slap sanctions on the   (NPD) expects stable, high production to   fuel consumption and ensures both lower
       pipeline within 15 days of passage, regardless   continue over the next few years. Many   operating costs and emissions.
       of whether Russia reinvades Ukraine, and   new discoveries, as well as several new field   Schottel EcoPeller; Image by Schottel
       would allow the U.S. Congress to vote to   developments in upcoming years, mean that   In addition, two Schottel
       reinstate sanctions should the president waive   production is expected to increase somewhat   TransverseThrusters type STT 1 CP will
       them. Cruz has said sanctions are needed   leading up to 2024, says Director general   be installed in order to ensure maximum
       immediately to stop the project.    Ingrid Sølvberg.                     manoeuvrability also in port areas. With this
         The $11 billion pipeline, led by Russia’s   According to the NPD, Norway’s   thruster configuration, the 113-metre long
       state gas company Gazprom, could be   production in 2021 came to 102 million   and 20-metre wide vessel will achieve a free
       approved by German regulators in the middle   standard cubic metres of oil (642 million   sailing speed of 13 knots.
       of the year, the chief executive of Uniper   barrels) and 113 billion standard cubic metres   The cargo handling system for this new
       SE, one of five European energy companies   of gas. This corresponds to about four million   LNG bunkering vessel will be supplied by the
       helping to finance the pipeline, said last week.   barrels of oil equivalent per day, a minor   Finnish technology group Wärtsilä.
         The United States, as well as some   increase from the previous year.    The 8,000 cbm LNG bunkering vessel
       European countries including Ukraine and   Five fields started production last year:   is currently under construction at Chinese
       Poland, are against the pipeline, which would   Duva, Yme (an older field which was   Nantong CIMC Sinopacific Offshore and
       deprive Kyiv of transit fees as well as increase   restarted), Solveig, Martin Linge in the North   Engineering shipyard.
       Moscow’s leverage over Europe, where gas   Sea, and Ærfugl in the northern Norwegian   To remind, Fratelli Cosulich ordered the
       prices have been skyrocketing.      Sea.                                 vessel in May 2021 making its official entrance
         On Wednesday, Democratic Senator                                       into the LNG bunkering market.
       Robert Menendez unveiled a bill to                                         Once delivered in summer 2023, the
       impose sweeping sanctions on top Russian   Schottel to supply LNG        5,300-dwt-vessel is intended to serve
       government and military officials and key                                customers in the Mediterranean region..
       banking institutions if Moscow engages in   bunkering systems
       hostilities against Ukraine.
         The Menendez-backed bill provides an   German propulsion manufacturer Schottel
       alternative for Democrats who support   has won a contract to supply main and
       sanctions on Nord Stream 2 and makes it   auxiliary propulsion systems for the first LNG





































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