Hamburg-based Bomin Linde LNG and AB Klaipedos Nafta, an operator of the Klaipėda Oil Terminal in Lithuania, have announced that they have signed a contract to establish a joint-venture, Blue LNG, to implement an LNG bunker supply vessel project.
Bomin Linde LNG and SGD logistika, a Klaipedos Nafta subsidiary, will hold 80% and 20% stakes respectively in the jv.
The LNG bunker vessel, which is expected to put into operation in 2017, will supply LNG to the marine customers of Bomin Linde LNG, offering LNG transport service to the LNG reloading station of Klaipedos Nafta and small-scale terminals at the Baltic and North Sea.
“This agreement means that Bomin Linde LNG, as the leading supplier of marine LNG in Northwest Europe, and Klaipedos Nafta, as an operator of the first full-scale LNG terminal in the Baltic Sea, are joining forces to extend Klaipeda as LNG hub in the region. The Klaipeda LNG terminal which is already in operation and soon-to-be-built LNG reloading station will be connected by the LNG Bunker Supply Vessel operated by Blue LNG,” said Mantas Bartuška, general manager of Klaipedos Nafta.
“This partnership with Klaipedos Nafta marks a further step on the road of Klaipeda becoming our hub for efficient LNG supply to the Baltic Sea ports and other North Western European locations. In the next step, we will order the LNG Bunker Supply Vessel which will combine state-of-the-art technology, highest safety standards and superior performance,” Mahinde Abeynaike, managing director of Bomin Linde LNG, added.