LNG bunkering hub planned on the Suez Canal
Egypt is planning to build an LNG bunker hub on the Suez Canal using its own resources, thereby competing with the existing LNG hubs in Rotterdam and Singapore. At the beginning of the year, Egyptian Natural Gas Holding (Egas), Norwegian Kanfer Shipping and Danish Leth Suez Transit signed a letter of intent with the aim of establishing LNG bunkering services in the Egyptian Mediterranean, the Suez Canal and the Red Sea. To this end, a newly established joint venture will charter an LNG bunker vessel from Kanfer for daily operations. Egypt is a strategically important location for international shipping thanks to the Suez Canal and, according to the joint venture partners, could become a significant...
Weiterlesen
Latest comments