Adnoc Adds To Gulf LNG Bunkering Plans With Inpex Tie-Up

Gulf monarchies are gradually joining the move towards LNG bunkering. Abu Dhabi is the latest proponent, joining Qatar and Oman. State firm Adnoc this week inked a preliminary agreement with long-time partner Inpex to study possibilities at home and abroad.

Abu Dhabi state firm Adnoc on 5 December announced plans to develop LNG bunkering facilities in partnership with Japan’s Inpex.

The much-touted concept is in its infancy but has been given a boost by International Maritime Organization (IMO) plans to limit shipping fuel sulfur content to 0.5% from 2020. Adnoc’s move marks the third instance of a Gulf State announcing LNG bunkering plans.

Qatar was the first mover, signing an agreement with Shell to develop LNG bunkering infrastructure “at strategic shipping locations around the globe,” although this would most likely be outside Qatar ( MEES, 16 June 2017 ). QP CEO Saad al-Kaabi told MEES shortly after “we are very big believers in LNG bunkering because of the environmental regulations coming from the IMO. We think a lot of ship builders are already converting vessels, and a lot of newbuilds are being constructed to use LNG fuel” ( MEES, 8 December 2017 ). (CONTINUED - 921 WORDS)