News

EUROPE: Eesti Gaas looking to meet local LNG bunkering demand

The Estonian natural gas and electricity seller is considering investing in its own LNG terminal or constructing an LNG bunkering barge.

The Estonian natural gas and electricity seller is considering investing in its own LNG terminal or constructing an LNG bunkering barge.

‘Currently we are transporting LNG with a semi-trailer from Pskov, Poland and so on, but this is definitely not enough if there are more [LNG-fuelled] ships,’ Eesti Gaas CEO Ants Noot told local newspaper Eesti Päevaleht.

‘Therefore we must consider if we should own a small terminal or build a bunkering ship and service ships in different ports with it. There are many possibilities.’

While there are currently just a few ships sailing on the Baltic Sea operating on LNG, this number is expected to increase in the near future.

‘Viking Line is already building one, and Tallink is also considering a new ship,’ said Noot. ‘Throughout the world, there are nearly 120 ships that run on LNG, but shipyards' orderbooks list 117 LNG ships set to be built in the next three to four years. Of these, 60% are to be built for Europe.’

According to Noot, one LNG-powered ship uses about 20,000 tonnes of fuel per year, equivalent to 30 million cbm of natural gas. He added that 500 million cbm of gas is consumed in Estonia.

‘This means that just one ship will increase our volumes substantially, but with tens of ships the volume doubles,’ he said.

Last week, Eesti Gaas and Klaipeda Oil Terminal operator Klaipedos Nafta announced they were to partner on small-scale LNG distribution. The companies signed an agreement for the reservation of capacities at Klaipeda LNG reloading station<https://www.bunkerspot.com/news-archive?view=article&id=44010:europe-klaipedos-nafta-secures-financing-for-lng-reloading-station-and-oil-terminal&catid=11>.

http://www.bunkerspot.com/index.php

 

Walter P. Purio

Chief Executive Officer

LNG Marine Fuel Institute

FOLLOW US

- Never miss a thing -

c/- Jackson McDonald,
Level 17, 225 St Georges Tce Perth, Western Australia 6000