Japan's JERA Launches LNG Bunkering Business

Yuka Obayashi
Wednesday, October 21, 2020

JERA, the world's biggest liquefied natural gas(LNG) buyer, said on Wednesday that it has begun LNG bunkering business in central Japan through its joint venture with Kawasaki Kisen Kaisha, Toyota Tsusho and Nippon Yusen KK.

The move is aimed at providing an infrastructure needed for LNG-fuelled carriers and promoting a conversion of ships to LNG fuels to help achieve a target by the International Maritime Organization (IMO) to halve greenhouse gas emissions from shipping by 2050 compared to 2008, it said in a statement.

An LNG bunkering vessel, owned by the joint venture, supplied the fuel earlier this month to an LNG-fuelled pure car and truck carrier (PCTC) operated by Nippon Yusen that is under construction, marking the first ship-to-ship LNG bunkering in Japan, JERA said.

The number of LNG-fuelled ships in Japan is still small, but JERA expects it will grow amid a global drive toward decarbonization, a company spokesman said, though he added their bunkering service will be limited in the central region in Japan.

There are 174 LNG-fuelled ships in operation globally, with 226 more on order, according to DNV GL data.

JERA is a thermal power generation and fuel joint venture between Tokyo Electric Power Company Holdings and Chubu Electric Power Co Inc.

(Reporting by Yuka Obayashi, editing by Louise Heavens)

Categories: LNG Coastal/Inland Asia Bunkering LNG Carriers

Related Stories

Cambodia Starts UN Process to Resolve Maritime Dispute with Thailand

Oil Prices Edge Lower Amid Uncertainty Over US-Iran Deal

Vantage Drilling Agrees to $258M Takeover by Eldorado Drilling

Azerbaijan’s Absheron Gas Project Advances with New Sales Agreement

BP to Boost Azerbaijan Portfolio with Babek Gas Field Operatorship Takeover

Petrobras Nears Deal With SBM Offshore for Two Sergipe FPSOs

Mitsui Eyes New LNG Investments to Power Data Center Growth

Energean Cuts 2026 Output Forecast After Israel Shutdown

Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements

Fire at ONGC's Offshore Platform Injures 10, Operations Normalized

Current News

Inpex Faces Threat of Broad LNG Loading Ban as AU Labour Dispute Deepens

INEOS Inks LNG Supply Deal with Marubeni for Asian Markets

Cambodia Starts UN Process to Resolve Maritime Dispute with Thailand

Oil Prices Edge Lower Amid Uncertainty Over US-Iran Deal

Vantage Drilling Agrees to $258M Takeover by Eldorado Drilling

Azerbaijan’s Absheron Gas Project Advances with New Sales Agreement

BP Launches Gas Production at Azerbaijan’s Giant ACG Field

Iran Restarts Output at Three South Pars Offshore Gas Platforms

Oil Jumps Over 3% After US-Iran Exchange Attacks

BP to Boost Azerbaijan Portfolio with Babek Gas Field Operatorship Takeover

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com