ADNOC Logistics & Services (ADNOC L&S) and INPEX Corp. (INPEX) have signed a framework agreement for an LNG bunkering partnership in the UAE.
Under the agreement, ADNOC L&S, a wholly-owned subsidiary of the ADNOC Group, and INPEX will explore opportunities for LNG bunkering in the UAE as well as the potential to jointly expand LNG bunkering activities to cover other regions, including Southeast Asia.
The use of LNG as a fuel on non-LNG carriers is expected to grow significantly as ship owners seek new compliance solutions to meet the 2020 IMO’s global sulfur cap.
The agreement was signed by Captain Abdulkareem Al Masabi, CEO of ADNOC L&S, and Shigeharu Yajima, SVP Global Energy Marketing Division, INPEX.
Read the article online at: https://www.tanksterminals.com/terminals/06122018/adnoc-logistics-services-and-inpex-sign-lng-bunkering-agreement/
You might also like
Colonial Terminals, Inc. has announced that it has acquired a terminal in Wilmington, North Carolina, from Buckeye Terminals, LLC.