Vitality terminals developer and operator Klaipedos Nafta AB (KN) expands its cooperation with international power firm BP. KN and BP Fuel & Energy Investments Ltd, signed a cooperation settlement on the event of a brand new LNG mission in Latin America. KN, which has been efficiently working an LNG terminal within the Brazilian port of Açu since 2020, is invited to contribute to the event of the Açu trucked LNG station mission.
The mission entails the deliberate building of an LNG truck loading station on the Port of Açu, permitting gasoline to be delivered to shoppers that aren’t related to the gasoline pipeline community within the southeast area of Brazil. This might create new demand centres and assist industrial prospects’ decarbonisation agendas.
Beneath the cooperation settlement, BP and KN will collaborate by evaluating the mission’s industrial viability, in addition to executing numerous improvement part duties with a view to a deliberate closing funding choice in 4Q23.
“The competences collected in Klaipeda within the improvement of the LNG reloading station and the complete LNG worth chain, in addition to the operational expertise gained within the Port of Açu, will likely be helpful for the companion within the improvement of the trucked LNG station mission and can contribute to the profitable implementation of it. Moreover, the cooperation with BP within the improvement of this mission is consistent with the aims of the brand new KN technique 2050, which embrace increasing the LNG enterprise overseas and securing new funding alternatives by 2030,” mentioned Darius Šilenskis, CEO of KN.
“BP is happy to cooperate with KN in improvement of the Açu trucked LNG mission, accelerating the expansion of the gasoline market in Brazil. KN will carry invaluable complementary abilities to the partnership and strengthen the mission with their expertise in Europe and Brazil,” added Silvia Bisogni, BP Vice President, Brazil Progress.
KN has achieved profitable integration of the LNG terminal and the LNG reloading station in Klaipeda and since 2017 has been offering its prospects with LNG reloading, LNG truck loading and bunkering providers for ships utilizing LNG as gas.
Along with growing the LNG worth chain within the Baltic area, KN has been appointed because the operator of the LNG import terminal within the port of Açu from 2020, which began industrial operations in 2021. Within the Brazilian port of Açu, Fuel Pure Açu (GNA), an organization wherein BP is without doubt one of the shareholders, is implementing the most important pure gasoline energy plant mission in Latin America. It consists of two pure gas-fired energy vegetation and an LNG import terminal provided by BP.
Learn the article on-line at: https://www.lngindustry.com/liquid-natural-gas/11072023/kn-and-bp-to-collaborate-on-lng-trucking-project/