JAX LNG, Petronet LNG Ltd, and Toyota Tsusho Corp. (TTC) are the latest companies to join the SEA\LNG coalition, which is aiming to accelerate the widespread adoption of LNG as a marine fuel.
The companies will support the coalition’s goal of creating the necessary confidence in the shipping sector to drive an effective and efficient global LNG value chain by 2020.
Peter Keller, SEA\LNG Chairman and Executive Vice President, TOTE said: “As a coalition, SEA\LNG is expanding, which continues to illustrate the support for and momentum behind the use of LNG as a marine fuel. Toyota Tsusho Corp. (TTC), JAX LNG, and Petronet LNG Ltd are the latest to join and we welcome their addition to our membership. SEA/LNG members span the entire LNG value chain and recognise that by pooling knowledge and working together, we can help drive the change needed across the marine transportation system.”
JAX LNG LLC is a partnership created to bring secure LNG supply to Florida, US. The partnership was formed in 2015 and brought together Pivotal LNG, a wholly owned subsidiary of Southern Company Gas, and NorthStar Midstream, backed by funds managed by Oaktree Capital Management L.P. JAX LNG is constructing a state-of-the-art liquefaction and LNG storage facility with marine and trucking loading capabilities in Jacksonville, Florida. The new facility is expected to be operational in the 4Q17. The project includes an initial liquefaction capacity of 120 000 gal./d of LNG and 2 million gal. of on-site LNG storage.
Petronet LNG Ltd has set up India’s first LNG receiving and regasification terminal at Dahej, Gujarat, and another terminal at Kochi, Kerala. The Dahej terminal has a nominal capacity of 15 million tpy, which is being expanded to 17.5 million tpy by 2019, and the Kochi terminal has a capacity of 5 million tpy. Petronet LNG’s Kochi LNG Terminal is also offering LNG bunkering, gassing up and cooling down, as well as storage and re-loading services.
TTC is the sole trading company of Toyota Group. Toyota Tsusho Petroleum Pte Ltd (TTP) is a wholly owned subsidiary of TTC, a supplier and trader of bunker fuel worldwide with a presence in over 150 ports, supplying over five million t of bunker fuel every year.
SEA\LNG recently announced a memorandum of understanding (MoU) with the Society for Gas as Marine Fuel (SGMF), which will create a framework for how the two complementary organisations will work together to achieve their common goal of making LNG the fuel of choice for the shipping industry.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/30032017/sealng-welcomes-new-members/