Singapore-based Pavilion Energy, Finland’s Gasum and CNOOC Gas and Power Group have teamed up to bolster the liquefied natural gas (LNG) bunker supply network in Singapore, northwest Europe and China’s coastal areas – the top three bunkering regions.
A strategic collaboration agreement will see the three companies work to establish central links across the West and East in key LNG-bunker-ready ports that include the Baltic and North Sea emissions control area, key Chinese ports such as Shenzhen, Guangzhou and Ningbo as well as Singapore.
The deal is an extension of Gasum’s partnership with Pavilion Energy signed in October 2020 to develop the LNG bunker supply network in Singapore and Northern Europe. CNOOC’s participation is expected to boost this alliance and “further encourage the uptake of LNG as a cleaner marine fuel.”
The state-owned Gasum has been strengthening the position of LNG in northwest Europe and the Nordics with over 1,300 ship-to-ship and truck-to-ship deliveries of LNG in 2021.
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