This LNG will be loaded on cryogenic trucks and transported to the nearest pipeline where it will be reconverted into its gaseous state and pumped into the network for supply to users like power plants, fertilizer units or city gas retailers.

ONGC has floated a tender seeking manufacturers/service providers to tap stranded natural gas, according to the tender.

The locations identified for setting up mini-LNG plants in the tender are two sites at Rajahmundry in Andhra Pradesh and one each at Ankleshwar in Gujarat, Bokaro in Jharkhand and Cambay in Gujarat.

ONGC in the tender document said while the country has an extensive network of pipelines that connect supply and demand centres, there remains a substantial volume of stranded gas (non-connected) that is required to be tapped for enhancing domestic supplies and meeting the needs of nearby demand centres.

The stranded volumes, it said, range from 5,000 to 50,000 standard cubic meters per day that can be produced for up to 5 years.

The tender called for bids from manufacturers and service providers to “set up a small scale LNG plant on BOO (build, own and operate) basis to produce LNG, transport the produced LNG by cascades / tankers to consumption sites located within a distance of around 250 kilometers, depressurize / re-gasify the LNG and then inject the gas into existing gas distribution grids or supply directly to bulk consumers.”

India produces over 90 million standard cubic meters per day of natural gas that is used to generate electricity, produce fertilisers or turned into CNG to run automobiles and piped into household kitchens for cooking purposes. But domestic production meets roughly half of the demand.

ONGC is India’s largest crude oil and natural gas producer and has been investing billions of dollars to boost production to cut India’s reliance on imports.

Prior to floating of this tender, it had entered into a partnership with nation’s largest fuel retailer Indian Oil Corporation (IOC) to set up a small-scale LNG plant near its Hatta gas field in Vindhyan basin in Madhya Pradesh.

The Hatta gas field is located in Batiyagarh tehsil of Damoh district in Madhya Pradesh, approximately 45 km from Damoh town.

The initial LNG plant capacity is planned for 32 to 35 tonnes, with 45,000 standard cubic meters per day of gas coming from the Hatta field.

As per that agreement, IOC, which is conducting a detailed feasibility study of the project, will bear the cost of the small-scale LNG plant. ONGC will sell gas to IOC. The LNG plant will be operated and managed by IOC and it will further sell the gas to consumers.

Earlier in March this year, state-owned gas utility GAIL (India) Ltd had announced setting up a small-scale LNG plant at its Vijaipur LPG unit in Madhya Pradesh.

Officials said ONGC has over 100 wells across the country where the volumes are very small to make laying pipelines economically unviable. This gas is lying stranded or has to be flared currently. Small LNG plants can help tap this vital resource, helping boost domestic output.

https://economictimes.indiatimes.com/industry/energy/oil-gas/ongc-looks-at-mini-lng-plants-to-evacuate-gas-from-isolated-fields/articleshow/114183410.cms?UTM_Source=Google_Newsstand&UTM_Campaign=RSS_Feed&UTM_Medium=Referral

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HPCL (HPCL.NS), opens new tab has built a 5 million metric ton per year (tpy) LNG import terminal at Chhara in western India, the country’s sixth, as New Delhi seeks to boost the use of the cleaner fuel. The company’s previous attempts to commission the plant in April failed due to the bad weather.

The company wants to use the three-month fair weather window that begins in November to commission the LNG terminal, two sources said.

The terminal and related infrastructure, including pipeline connectivity for LNG sale, are completed, adding the plan is to commission the terminal in December-January.

State-run HPCL received “a good response” to its expression of interest seeking LNG supplies for 15 years, one of the sources said. It is seeking one LNG cargo per month beginning from late 2026 or early 2027, priced on a Brent-linked basis.

Based on the response, the company shortlisted more than 20 potential suppliers and floated a limited tender for them, the first source said, adding HPCL has received offers from seven to eight players.

https://en.portnews.ru/news/369309/

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The rise in natural gas production is attributed to increased output from various domestic fields. However, despite efforts to boost local production, the country’s LNG imports continue to play a crucial role in filling the gap between supply and demand. India is among the world’s largest importers of LNG, and this import surge highlights the country’s strategy to meet its energy requirements while transitioning toward cleaner energy sources.

The government has set a vision of increasing the share of natural gas in the overall energy mix, aiming to make it a more significant component in the country’s clean energy transition. Natural gas is seen as a bridge fuel, offering a lower carbon footprint compared to coal and oil, while efforts to scale up renewables progress.

With this consistent import of LNG and focus on growing domestic production, India aims to secure energy availability and contribute to reducing its carbon emissions. This dual strategy also reflects the country’s broader commitment to energy security and economic growth. The rise in gas consumption across various sectors, including power generation, transportation, and industries, underlines the importance of robust energy infrastructure in sustaining India’s development trajectory.

https://www.constructionworld.in/energy-infrastructure/oil-and-gas/india-imports-36.85-bcm-lng/63900

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 IMPACT With expert remote monitoring and on-site assistance by service representatives EcoCare ensures 24×7 uptime for Capgemini Be an Impact Maler Life is On Schneider GreenLine Mobility currently operates a fleet of over 500 LNG-powered trucks and is adding another 1,000 such trucks by March 2025, its CEO Anand Mimani said.

Life is On Schneider As corporates increasingly prioritise Environmental, Social, and Governance (ESG) initiatives, GreenLine is well-positioned to meet the demand for sustainable logistics solutions.

The company serves a prestigious clientele, including industry leaders such as Vedanta Group, JSW Steel & Cement, Tata Steel, Hindustan Zinc, Jindal Steel and Power, JK Lakshmi Cement, AMNS, Hindalco, Dalmia Cement, UltraTech Cement, GHCL, Reliance, Shell, Nestle and Castrol and Sterlite Copper.

The government in a recent draft policy proposed to convert a third of long-haul trucks into LNG powered feet by 2030.

 Each of GreenLine’s 55-tonne LNG trucks can carry a 40-tonne payload and travel up to 1,200 kilometres on a single tank.

 Over the past two years, GreenLine’s initiatives have resulted in a notable 30 per cent reduction in CO2 emissions compared to traditional diesel vehicles, translating to a significant decrease of 6,722 tonne of carbon emissions, he said.

Greenline’s LNG-powered trucks are also equipped with six Level 1 Advanced Driver-Assistance Systems (ADAS) and telematics, enabling clients to monitor vehicle performance and manage cargo in real-time. To ensure the effective use of LNG technology, GreenLine invests in comprehensive training programmes for its drivers, designed to enhance skills and optimise on-road performance.

Looking ahead, the company is also set to introduce Electric Vehicles (EVs) for short-haul transport, further diversifying its portfolio and strengthening its commitment to eco-friendly solutions.

Mimani said, “By integrating EVs into our operations, we aim to complement our LNG initiatives and provide a comprehensive suite of sustainable transport options that meet the diverse needs of our clients while contributing to a greener planet

https://energy.economictimes.indiatimes.com/news/oil-and-gas/greenline-accelerates-decarbonisation-efforts-with-1000-lng-trucks-by-march-2025/114444657

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India’s gas use is set to grow as the expansion of industries such as chemicals manufacturing gathers pace. Heat waves in recent years have also pushed up LNG demand to fuel power generation for cooling. Importers such as Gail are hoping a wave of new global supply later this decade will keep a lid on prices.

“We are very sure that our gas demand will be at least double by 2030,” Gupta said in a panel discussion Tuesday. Any LNG supply deal is likely to be for one cargo a month, though import capacity is increasing, he said.

Gail’s contracted LNG volumes total about 15.5 million tons a year and include supplies from the US, Qatar and Australia, according to its annual report. Indian Prime Minister Narendra Modi wants to raise the share of gas in the energy mix to 15 per cent by 2030 from about 6 per cent — with a heavy reliance on imported LNG.

Prices may not “get softer” in the next two to three years, but will start sliding once new projects come on stream, according to Gupta, who said an increase in global oil supply may also weaken crude-linked gas costs.

The chairman declined to disclose which suppliers his company is negotiating with, but said the new deal will be similar to contracts signed in January with trading house Vitol Group and the UAE’s Abu Dhabi National Oil Co. Those agreements start in 2026.

https://www.business-standard.com/companies/news/gail-india-targets-new-long-term-lng-supply-deal-before-year-end-report-124102201444_1.html

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According to the International Energy Agency (IEA), the world’s fourth largest market for renewable energy achieved a 23 per cent decline y-o-y in prices of utility-scale solar PV in the current calendar year.

“Utility-scale solar PV costs decreased in all regions and settled at an average of $40 per MWh in the first half of 2024. This drop was instigated largely by India, which led the world in terms of volume of solar PV capacity awarded in auctions and achieved an auction price of $34 per MWh,” the IEA said in its latest commentary on the RE sector.

In comparison, Europe’s reduction was a more modest 11 per cent with an average price of $67 per MWh for projects awarded in auctions in 2024, it added.

Wind energy:However, in the case of on-shore wind, the sector is faced with inflationary pressures.

IEA pointed out that onshore wind technology price patterns in the first half of 2024 reveal a complex global picture with significant regional variations. While the global average price for onshore wind decreased only slightly by 2 per cent y-o-y this figure masks two divergent trends in Europe and India.

The international agency noted that in Europe the majority of global onshore wind capacity was awarded through tenders, with prices taking an upward trajectory that commenced in 2021.

In the first half of 2024, European onshore wind prices had reached an average of $81 per MWh, representing a 2 per cent y-o-y increase. Meanwhile, the average price for onshore wind projects in India had increased by 12 per cent, from $39 per MWh to $43.

On the other hand, the whole Asia Pacific region shows a decrease in onshore wind prices by 36 per cent; this is explained by the comparison of high prices ($90-102 per MWh) and volumes in Japan, Philippines and Thailand during 2023, with lower prices in the following year, at the range of $40-83 per MWh.

Capacity addition: India is expected to almost triple its 2022 renewable capacity by 2030, in line with the COP28 global tripling pledge. Adding 350 GW over 2024-2030, more than triple in the previous six-year period, it will maintain third place among the largest renewable energy markets, IEA’s Renewables 2024 report projected.

Utility-scale PV will lead growth with a 60 per cent share, followed by distributed PV at 20 per cent, it added.

“Competitive auctions continue to be the main driver for large-scale project development, awarding a record 33 GW of capacity in the first half of 2024 – almost 50 per cent more than in the whole of 2023,” it said.

This year, a 40 per cent share of capacity was awarded to hybrid systems, which combine PV, wind and storage technologies to reduce generation variability and facilitate system integration. India is a pioneer in supporting hybrid plants, providing a positive example for countries aiming to minimise Variable RE (VRE) impacts on power system operations, it added.

Rapid auction expansion, the introduction of a new support scheme for rooftop PV and stronger financial indicators for many utility companies have led us to revise this year’s forecast upwards 22 per cent from last year.

India is also in the process of organising its inaugural auctions for offshore wind farms, with the first projects expected to come online after 2030, the IEA said.

https://www.thehindubusinessline.com/economy/india-helps-bring-down-costs-of-utility-scale-solar-pv-globally/article68748526.ece#:~:text=India%2C%20which%20discovered%20an%20auction,PV)%20costs%20in%20H1%202024

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The total RE production reached 201,457.91 MW, driven by solar at 90,762 MW and wind energy production at 47,363 MW.

The country’s total non-fossil fuel-based power capacity now stands at 46.3 per cent of the total installed electricity generation capacity.

Top four states are Rajasthan (31.5 GW), Gujarat (28.3 GW), Tamil Nadu (23.7 GW) and Karnataka (22.3 GW), as per the data.

According to the government, the country saw an impressive 86 per cent increase in power generation via renewable energy since 2014, from 193.5 billion units (BU) to 360 BU.

Union Minister of New and Renewable Energy, Pralhad Joshi, said last week that under the leadership of Prime Minister Narendra Modi, India has witnessed a transformative increase in its renewable energy capacity since 2014, with a 175 per cent rise from 75 GW to over 200 GW today.

India is also making significant strides in the green shipping sector, and aims to be among the top 10 shipbuilding nations by 2030 and the top five by 2047.

India is the only G20 country to have met its climate targets ahead of schedule, despite having the lowest per capita emissions among G20 nations.

As per the International Renewable Energy Agency (IRENA), India had a cumulative installed wind power capacity of 44.7 GW in 2023, ranking fourth globally. The country added 2.8 GW of wind capacity in 2023, marking a significant increase after five years of slower growth.

https://www.daijiworld.com/news/newsDisplay?newsID=1235086

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The project must be completed in nine months and bidders need to deposit INR 42.48 lakh as EMD.

The pre-bid meeting will be held on October 24, 2024. Bid submission closes on October 29, 2024. Bids will be opened on October 30, 2024.The bidder should have completed works for supply, erection/installation, testing and commissioning of Grid-connected Floating Solar PV Power Plants on an LSTK/EPC basis in India in the previous 7 years prior to the bid due date. The minimum installed capacity for one work order should be 6.20 MW (AC); for two work orders, the minimum installed capacity should be 3.875 MW (AC) each. For three work orders, the minimum installed capacity should be 3.10 MW AC) each.

Alternatively, the bidder should have completed works for supply, erection/installation, testing and commissioning of Grid-connected Ground Mounted Solar PV Power Plants on an LSTK/EPC basis in India in the previous 7 years prior to the bid due date. The minimum installed capacity for one work order should be 6.20 MW (AC); for two work orders, the minimum installed capacity should be 3.875 MW (AC) each. For three work orders, the minimum installed capacity should be 3.10 MW AC) each.

Additionally, the bidder should have completed works for supply, erection/installation, testing and commissioning of a Grid-connected Floating Solar PV Power Project of minimum 2 MW (AC) capacity at one location during the last seven years prior to the bid due date.

Alternatively, the bidder should have completed works for supply, erection/installation, testing and commissioning of Grid-connected Floating Solar PV Power project on an LSTK/EPC basis in India in the previous 7 years prior to the bid due date for a maximum of four work orders of Floating Solar PV Power Project with minimum Cumulative installed capacity of 7.75 MW (AC). Here, installed capacity means power generation from a single solar plant with single point evacuation of voltage rating 6.6 KV or above for any one of the work orders submitted against above.

 

As for financial eligibility, the minimum average annual turnover of the bidder as per their audited financial statement during the three immediate preceding financial years shall be INR 23.17 crore.

 The net worth of the bidder should be positive as per the last audited financial year. The minimum working capital of the bidder as per the last audited financial year shall be INR 4.63 crore.

https://www.energetica-india.net/news/gail-india-invites-bids-for-775-mw-floating-solar-project-in-madhya-pradesh

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These projects, which will receive Rs 347 crore in funding from the government, were selected following an evaluation of the proposals by the ministry of new and renewable energy (MNRE).

Matrix Gas and Renewables with a pilot plant capacity of 50 ton-per-day (TPD), Simplex Castings with capacity of 40 TPD and Steel Authority of India (Ranchi) with a plant capacity 3200 TPD have emerged as the winning bidders for the projects.
The pilot projects are undertaken to identify advanced technologies the steel industry can adopt to reduce its dependence on fossil fuels, an official statement said on Friday.

These three projects have been approved under the Rs 19,744 crore National Green Hydrogen Mission launched in January 2023.

Under phase 1 of the National Green Hydrogen Mission, pilot projects under hard-to-abate sectors will be undertaken to initiate the transition of industries such as steel towards greener technologies.

Earlier this year, the ministry issued guidelines for undertaking pilot projects to use green hydrogen in the steel sector.

https://auto.economictimes.indiatimes.com/news/industry/centre-gives-nod-to-3-green-hydrogen-pilot-projects-for-steel-cos/114367931

 

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While the country’s rapid adoption of electric cars has been in the spotlight, significant change has also been taking place in China’s freight industry.

Analysts said the swift rise of natural gas-powered trucks, particularly heavy-duty vehicles of 14 tonnes and above, had helped thrust China past peak diesel demand and moved it closer to reaching peak oil.

The trend has hit Germany’s Daimler Truck, which has focused on perfecting diesel engines and building electric and hydrogen-based engines for the future.

“Diesel demand peaked earlier than we expected,” said Sun Yang, a liquefied natural gas analyst at OilChem, who estimates this happened as early as 2018. “The speed at which LNG has replaced diesel in heavy-duty trucks has been very fast.”

China’s diesel use is forecast to fall 4 per cent this year and will continue to slowly decline in the coming years, said analysts at investment bank CICC in September. Dong Dandan, an energy analyst at China Securities brokerage, estimated the country’s LNG truck fleet would displace about 9.2 million tonnes of diesel consumption in 2024, equivalent to 4 per cent of last year’s demand.

The switch to natural-gas-powered trucks helps Beijing alleviate security concerns over imported oil. China imports about three-quarters of the resource it needs, primarily from Russia and Saudi Arabia, compared with 40 per cent for natural gas. The transition also contributes to government efforts to clean up polluted cities.

Gas fields

Chinese policymakers have spent the past two decades expanding domestic gas fields, as well as building pipeline networks, gas liquefaction plants and a robust network of natural gas fuelling stations.

Wang Peng, who manages a platform to buy and sell used trucks in Beijing, said diesel ones were a rare sight in western China. “They’ve been completely replaced by natural gas,” he said.

“This year, northern Chinese provinces have switched to buying natural gas heavy-duty trucks, there aren’t many diesel left,” he said. “The south is moving slower, because they don’t have as many stations to fill up.”

Natural gas trucks made up 42 per cent of China’s heavy-duty truck sales from January to August, compared with just 9 per cent in 2022, according to data from CV World, a Beijing-based commercial vehicle research provider.

Wayne Fung, a logistics expert at CMB International, said Chinese truck buyers were choosing LNG over diesel because it was cheaper, currently by 23 per cent. Chinese LNG prices have remained low due to the country’s large domestic gas production and growing volumes of pipelined gas from Russia, Turkmenistan and Myanmar.

China pays about $US8 per million British thermal units for the pipelined gas, much less than for seaborne LNG imports, according to Financial Times estimates using government data.

Mr Fung said that earlier this year the all-important “payback period” for buyers of LNG trucks to recover their investment was one year faster than for diesel, despite the roughly 25 per cent higher price tag.

Daimler’s China unit has downsized. A spokesperson said the company had taken the painful decision of letting go dozens of staff recently due to “continuous weak market demand”.

“The country is flooded with cheap natural gas from Russia,” Daimler Truck’s then-chief Martin Daum told Wall Street analysts in August. Sluggish truck sales and Daimler’s lack of a natural gas engine made it an “absolute catastrophic market”, he said.

This northern hemisphere summer, the German company wrote off its 50 per cent stake in its Chinese joint venture with state-owned Foton Motor, which builds and sells heavy-duty trucks.

“Headquarters is far away – there is no demand for LNG engines in Europe,” said a person close to the company. “Developing one would cost millions, and it’s hard to predict where the market is going.”

LNG trucking

The growth of LNG trucking, along with the rise of electric cars, has sapped oil demand. OPEC estimates that diesel accounts for a fifth to a quarter of China’s daily oil use and said demand for the fuel started falling in April.

In July, China’s diesel demand fell almost 6 per cent from a year earlier to 3.5 million barrels a day, OPEC said, adding that “increasing penetration of LNG trucks and electric vehicles [were] likely to weigh on diesel and gasoline demand going forward”. It also said the country’s property crisis was weighing on demand.

Foreign experts are at odds with domestic analysts on whether China has passed peak diesel. The International Energy Agency forecast China’s diesel demand would plateau in 2025 and peak oil would occur in 2030.

But Chinese customs data shows actual crude oil imports from January to August by volume were down 3 per cent from a year earlier. Pipeline gas and LNG imports by volume rose 12 per cent in the same period.

“In the past, I rarely saw an LNG truck come into my station,” said a fill-up attendant in Beijing. “There’s been an explosive increase since last year.”

https://www.afr.com/world/asia/rapid-rise-of-lng-trucking-pushes-china-to-peak-diesel-20241014-p5ki5a

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In July 2024, South Korean shipbuilding company K Shipbuilding (KSB) completed the construction of Arctic Tern, which is its first 50,000 dwt LNG ship, propelling the yard a step further as it sails toward its ‘eco-friendly targets’.

Arctic Tern—which was contracted in October 2021, and began construction in June 2023—measures 182.9 meters in length, 32.2 in width and 19.1 meters in depth.

According to Lloyd’s Register, the vessel is managed by Danish ship management company Synergy Denmark A/S and chartered by French agricultural merchant firm Louis Dreyfus Company (LDC).

As informed, the LR team in South Korea was heavily engaged with the entire design and building process of the tanker, having worked closely with KSB and its partners to wrap up the construction of Arctic Tern.

KSB has so far delivered over 240 MR tankers, with Arctic Tern being the first to be dual-fuelled. Currently, the company has 39 tankers on order, nine of which are expected to be delivered by the end of 2024, according to London-based data provider, VesselsValue. The remaining tankers on order are slated for delivery throughout 2025 and 2026.

In March this year, the South Korean shipbuilder signed the first Memorandum of Understanding (MoU) with the Swedish sustainable solutions provider Alfa Laval for the installation of the OceanGlide air lubrication system intended for K Shipbuilding’s newbuilding projects, such as medium-range and long-range tankers.

Just months later, in June 2024, K Shipbuilding, Alfa Naval, Swiss engine designer WinGD and the classification society American Bureau of Shipping (ABS) signed a MoU to work on the development of an ammonia-fueled MR tanker.

WinGD is set to work with KSB to deliver the fuel gas system specifications that will be suitable for the vessel application and the 6X52DF‑A engine from WinGD to be featured in the ship’s design. Alfa Laval’s role will reportedly be to deliver the detailed documentation for the final fuel gas system design, whereas ABS will be in charge of the review and the issuing of approval in principle (AiP).

https://www.offshore-energy.biz/ksb-built-50000-dwt-lng-dual-fuel-mr-tanker-classed-by-lr/

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The recently expanded Trans Mountain pipeline has capacity to ship 890 000 bpd of crude from Alberta’s oil sands to the Port of Vancouver in British Columbia.

The company is a subsidiary of China’s top oil-producing firm PetroChina and holds six assets in western Canada, including the MacKay River and Dover oil sands projects and a stake in the LNG Canada liquefied natural gas project, due to start operating next year.

A spokesperson for PetroChina Canada did not immediately respond to a request for comment on why the company had given up its committed shipping agreements.

PetroChina Canada wrote to regulators to say it was withdrawing as an intervenor in a long-running dispute between Trans Mountain and its committed shippers over pipeline tolls.

“PCC has now assigned these agreements to another party and will not be a committed shipper going forward,” the letter said.

PetroChina did not name the other party.

https://www.worldpipelines.com/project-news/14102024/petrochina-ends-its-role-as-committed-shipper-on-trans-mountain-pipeline/

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Asda operates a fleet of more than 780 LNG-fueled trucks in the U.K., with this type of fuel a lower-carbon alternative to diesel. Through the new infrastructure, Asda will continue its efforts to decarbonize its operations, aiming to achieve net zero operations by 2040.

Earlier in 2024, Asda revealed in its annual ESG (Environmental, Social and Governance) report that it had reduced operational carbon emissions (Scope 1 and 2) in 2023 by 41% since 2015, with a target to achieve a 50% reduction by 2025.

“LNG trucks are currently the leading alternative fuel option for operators like ourselves, and with over 780 LNG vehicles, we operate the largest fleet of LNG-fueled trucks in the U.K.,” says John Rogerson, Central Fleet Operations manager at Asda. “Our continued investment in a U.K.-wide LNG distribution network forms an essential part of our objective to reduce overall carbon emissions across our operations, and toward building a sustainable business for the future.”

“We have forged a strong relationship with Asda, and it’s a real pleasure to be able to deliver these two latest facilities for them, as they continue to expand their growing gas fleet and invest in a cleaner and greener fuel source,” adds James Westcott, chief commercial officer of Gasrec. “As one of the U.K.’s largest retailers, Asda understands the urgency in the need to cut emissions from its fleet as we all work toward a more sustainable transport sector. Bio-LNG remains a leading alternative to diesel for long-haul operations and will continue to be so for the foreseeable future.”

This investment comes after Asda recently launched a new sustainability-linked enhancement to its Supply Chain Finance plan in partnership with financial services company HSBC UK. Launching in January 2025, the facility will see the retailer use financial incentives to encourage better sustainability practices within its supply chain.

https://ngtnews.com/asda-invests-in-two-new-bio-lng-refueling-stations

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Built by Jiangmen Hangtong Shipyard in China, and flagged in Singapore, Amalthea is designed to the highest industry standards under Bureau Veritas classification. This state-of-the-art tanker is powered by twin Yanmar LNG dual-fuel engines, significantly reducing emissions while providing the flexibility of operating on traditional marine fuels and LNG. With a Type-C LNG fuel tank capacity of 100 m3, Amalthea reflects Minerva’s commitment to sustainability and innovation in marine fuel supply.

Amalthea will service a wide range of vessels across the shipping industry, including container ships, bulk carriers, cruise ships, and tankers. Its dual-fuel capabilities align with Singapore’s efforts to promote LNG as a marine fuel and will contribute to meeting the growing demand for cleaner, more efficient bunkering services in one of the world’s busiest ports.

The ceremony took place on 8 October 2024 at the Port of Singapore. The vessel was welcomed by Minerva’s CEO, Tyler Baron, followed by a blessing ceremony to mark the occasion led by Kostas Poydakis Minerva’s Head of Fleet. And finally, of course, the traditional breaking of the champagne bottle on the hull by Amalthea’s ceremonial godmother, Zhu Hong, one of the founding partners of Mercuria Asia.

https://www.lngindustry.com/small-scale-lng/14102024/minerva-bunkering-welcomes-new-lng-dual-fuel-bunker-tanker/

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Upon their deliveries, Kota Eagle and Kota Emerald will be plying the route from the Far East to Latin America on PIL’s West Coast Central and South America Service 2 route.
 
The use of digitalisation on the vessels such as Artificial Intelligence (AI) and Internet of Things (IoT) will increase the automation of tasks as well as enable better monitoring and planning of the vessels’ operations and routes through PIL’s Centre for Maritime Efficiency. With a large number of specialised reefer electrical outlets onboard, the vessels have the flexibility to take on more refrigerated containers.

The 14,000 TEU vessel has an overall length of 335 metres and a width of 51 metres. It is equipped with GTT’s Mark III LNG containment system and features a high container intake as well as various energy saving technologies such as superior hull coatings, an optimised hull form and variable frequency drive motors.
 
As part of PIL’s brand refresh launched in 2024, PIL’s new vessels, starting with Kota Eagle and Kota Emerald, will sport an energetic red hull to better signify the company’s passionate approach in providing people-centric solutions. PIL will progressively change the hull colour of all its vessels from black to red.
 
PIL’s 11 other LNG dual fuel container ships on order include two 14,000 TEU vessels, four 8,000 TEU vessels and five 13,000 TEU ships. They will be progressively delivered in the next few years.

https://en.portnews.ru/news/369097/

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The RPGCL re-tendered for these two spot LNG cargoes after cancelling the initial tenders as these did not fulfil the minimum criteria to get the bidding evaluated under the Public Procurement Rules (PPR) 2008, a senior RPGCL official said.

It floated these tenders for both the spot LNG cargoes on October 14 with the bid submission deadline ending on October 20.

The bid winners will have the option to deliver the LNG cargoes at Moheshkhali island, with the choice to discharge the cargo at either of the country’s two floating storage re-gasification units (FSRUs) located on the island. Each spot LNG cargo has a volume of approximately 3.36 million British thermal units (MMBtu).

The volume of each of the spot LNG cargoes is around 3.36 million British thermal units (MMBtu).

The RPGCL received only two bids in each of the initial two tenders, one short of the minimum requirement, turning those non-qualified for evaluation under the rule, said the RPGCL official.

The RPGCL, a wholly owned subsidiary of state-run Bangladesh Oil, Gas, and Mineral Corporation, looks into LNG trades in Bangladesh.

Bangladesh previously awarded one spot LNG cargo tender to Gunvor Singapore Pte, Ltd for October 27-28 delivery window at US$13.93 per MMBtu.

The Advisers Council Committee on Government Purchase (ACCGP) approved the spot LNG procurement proposals of state-run Petrobangla under the energy and mineral resources division (EMRD) of the Ministry of Power, Energy and Mineral Resources (MPEMR) in a meeting on October 9.

Bangladesh’s new interim government has been struggling to purchase LNG from the spot market as it has decided to execute the competitive PPR 2008 instead of Quick Enhancement of Electricity and Energy Supply (Special Provision) Act 2010 (Amended 2021) to select the bidders, after taking office in August.

https://thefinancialexpress.com.bd/economy/retenders-floated-to-purchase-two-spot-lng-cargoes

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Edison is among companies including Shell, BP and Repsol that have filed contract arbitration cases against Venture Global for its failure to deliver contract cargoes, more than two years after it started exporting LNG from the Calcasieu Pass LNG plant.

Edison in September 2017 signed a 20-year contract to receive LNG from the project but has not received any of the cargoes. Venture Global has sold cargoes from the project to others since March 2022, it said.

The Arlington, Virginia, LNG exporter has said the plant has not achieved full commercial operations because of technical problems associated with a faulty power generation system.

Edison last week was told by Venture Global that first cargoes under its contract would not be available until April 2025 at the earliest, Edison said in a press release on Monday.

Venture was not immediately available for comment.

The Louisiana facility has produced, exported and sold 355 cargoes to the higher-priced spot market and generated more than $20 billion in revenue, Edison said.

https://pgjonline.com/news/2024/october/venture-global-delays-lng-deliveries-to-italys-edison-until-2025

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The newly established entity, Bunker One LNG BV, will manage the physical LNG fuel portfolio, including last-mile delivery, and will be headed by Managing Director, Michael Behmerburg.

“We are extremely pleased to be welcoming Michael Behmerburg to steer our Bunker One LNG entity. Michael brings a wealth of experience, that is important for us to navigate properly in the upcoming transition,” commented Peter Zachariassen, CEO of Bunker One.

Bunker One LNG has chartered the 10 000 m3 LNG bunker vessel, Coral Fraseri.

“We are working hand in hand with the vessel’s owner Anthony Veder to bring the vessel into operation. The vessel will undergo a regular class renewal at the end of 2024, during which several modifications will be carried out to enhance her capabilities as an LNG bunker vessel,” added Behmerburg.

The purpose of the modification is to prepare the vessel for best-in-class service to the majority of seagoing vessels, including tankers, container ships, and car carriers. Bunker One LNG BV is currently in the process of securing bunker permits which will cover key ports in Northwest Europe.

“We are very excited about this move to include physical supply of LNG and bio-LNG as part of Bunker Holding’s fuel offering, which builds on our successful activities supplying LNG through third parties. Fossil LNG can offer up to 23% in greenhouse gas (GHG) reductions compared to conventional fuels and accompanies shipping’s transition to a multi-fuel future. Hence, we regard LNG as a stepping stone to bio-LNG and e-LNG, which will help the industry achieve the mid-century decarbonisation targets set by the IMO,” concluded Valerie Ahrens, Senior Director of New Fuels and Carbon Markets at Bunker Holding.

https://www.lngindustry.com/small-scale-lng/15102024/bunker-one-launches-physical-lng-bunker-supply/

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The vessel is capable of carrying 16,044 standard containers and 1,800 refrigerated containers, said the shipbuilder.

READ: COSCO SHIPPING names new LNG carriers

The dual-fuel design allows the vessel to be powered by LNG and marine fuel oils. Equipped with a 13,000-cubic-meter Type-B LNG fuel tank, it has a larger capacity and higher utilisation rate than traditional LNG fuel tanks and consumes less traditional fuels.

The shipbuilder has reportedly applied other energy-saving measures and devices to improve the economic benefits and environmental protection performance of the vessel.

https://www.porttechnology.org/news/chinas-self-developed-lng-container-vessel-delivered-in-dalian/

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