Page 11 - AsianOil Week 04 2022

AsianOil NEWS IN BRIEF AsianOil

production, storage and shipping. We want to Avenir’s bunkering network into the rapidly on January 28, 2022, it concluded a time
be the trusted partner for our customers from growing Chinese market adding another charter contract for a newbuilding 174,000
different sectors as we help them decarbonise hub to its existing bunkering network in cubic metre-type LNG carrier with Mitsui
in China.” the Mediterranean, North-west Europe and & Co., (president and CEO: Kenichi Hori;
The project is part of a joint venture Malaysia. Headquarters: Chiyoda-ku, Tokyo).
between Shell China and Zhangjiakou City In support of establishing Shanghai as a This is the fourth contract, following deals
Transport Construction Investment Holding leading LNG bunkering hub, Avenir sold its for three newbuilding LNG carriers signed
Group Co. Ltd, formed in November 2020. first newbuild 20,000 cbm Avenir Allegiance between September 2014 and January 2015
The 20 megawatts (MW) power-to-hydrogen to SSES. The Avenir Allegiance is the world’s (Note 1). MOL will provide ship management
electrolyser and hydrogen refuelling stations largest LNG bunker vessel and it will provide services for the vessel, which will be engaged
in Zhangjiakou are phase 1 of the joint LNG to the biggest LNG bunker customer at to transport LNG mainly for Mitsui & Co.
venture. The companies have plans to scale up the largest container port in the world. The projects around the world.
to 60 MW in the next two years in phase 2. vessel sale released significant cash back to The vessel is equipped with the cutting-
Taking only 13 months to complete, this is Avenir. The proceeds will be used to enhance edge MAN Energy Solutions engine, which
Shell’s first commercial hydrogen development Avenir’s working capital position and fund improved fuel efficiency. It also adopts more
project in China. Utilising onshore wind future growth opportunities. environment-friendly specifications than
power, the project will initially supply green Commenting on the announcement, current LNG carriers.
hydrogen to fuel a fleet of more than 600 fuel Peter Mackey, CEO of Avenir LNG, said: MOL is prepared to address critical
cell vehicles at the Zhangjiakou competition “We are thrilled to play an important role environmental issues in line with “MOL
zone during the Winter Olympic Games. After in establishing and promoting China’s first Group Environmental Vision 2.1” (Note
that, the hydrogen will be used for public and LNG bunkering hub in Shanghai. This deal 2), with the aim of achieving GHG net zero
commercial transport in the Beijing-Tianjin- marks another major achievement in Avenir’s emissions by 2050 through concerted group-
Hebei region, helping to decarbonise its development as we continue to expand wide efforts, and contribute to the realisation
mobility sector. our LNG bunkering network globally. We of a low and decarbonised society.
ROYAL DUTCH SHELL, January 28, 2022 look forward to expanding our long-term MITSUI OSK LINES, January 28, 2022
relationship with SIPG, Shenergy and CMA
Press Release announcing CGM.” OCEANIA
Commenting on the announcement,
the sale of the Avenir Dr. LUO Wenbin, GM of Engineering and Falcon Oil & Gas – Planned
Equipment Department of SIPG, said: “SIPG
Allegiance and the JCA with is making efforts to build the LNG bunkering Stage 3 work programme –
hub for international vessels in Shanghai Port.
SSES SIPG’s subsidiary SSES establish long-term
co-operative relationship with Avenir, which
Avenir LNG today announced it has entered will promote the LNG bunkering services Beetaloo sub-basin
into a long-term joint co-operation agreement for CMA CGM and other international Falcon Oil & Gas is pleased to provide
(JCA) with Shanghai SIPG Energy Service liner customers in Shanghai port and join details of the Stage 3 work programme in
(SSES) a Chinese joint venture between hands to make a positive contribution to the the Beetaloo sub-basin, Northern Territory,
Shanghai International Port Group (SIPG) energy transition and carbon reduction of the Australia with its joint venture partner, Origin
and Shenergy Group, which is responsible shipping and logistics supply chain.” Energy B2, a wholly owned subsidiary of
in delivering LNG bunker to CMA CGM’s AVENIR LNG, January 24, 2022 Origin Energy.
container ships on behalf of SIPG. Under 2022 will see Falcon and Origin
the JCA, Avenir will be responsible for the MOL and Mitsui sign time progressing to the Stage 3 work programme of
global marketing of LNG bunkering services the restated farm-out agreement, which will
in Shanghai Port as well as support SSES charter contract for LNG include the drilling, fracture stimulation and
with operational and technical services to extended production test of two horizontal
ensure seamless LNG bunkering operations carrier wells.
for the CMA CGM containerships and future FALCON OIL & GAS, January 25, 2022
customers. Mitsui OSK Lines (MOL; president & CEO:
This important milestone expands Takeshi Hashimoto) today announced that

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