Shell expands marine LNG bunkering network with US-based LNG barge
HOUSTON — Shell Trading (US) Company announced it has finalized a long-term charter agreement with Q-LNG Transport, LLC for an LNG bunker barge with the capacity to carry 4,000 cm of LNG fuel. As the first of its kind to be based in the United States, the ocean-going LNG bunker barge will supply LNG to marine customers along the southern East Coast of the US and support growing cruise line demand for LNG marine fuel.
The LNG bunker barge will be owned and built by Q-LNG Transport, LLC, and operated by Harvey Gulf International Marine, LLC. With its pioneering design and delivery capabilities, the LNG bunker barge will be highly efficient and maneuverable and feature an innovative transfer system enabling it to load LNG from big or small terminals and bunker a variety of customers.
More ship owners and operators are choosing cleaner-burning LNG fuel over traditional marine fuels to respond to sulfur and nitrogen oxide emissions regulations, including the International Maritime Organization's (IMO) recent decision to implement a global 0.5% sulfur cap in 2020.
The ongoing development of shale gas resources in the US has spurred infrastructure construction for both natural gas processing capacity and LNG export terminals.
Russian natural gas monopoly Gazprom is strengthening its presence in the gas market of the Middle East through the planned construction of an 11-metric-MMtpy–12-metric-MMtpy LNG plant in Iran.
The New LNG Imperative
The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.
November 29, 2017 10am CST