Skangas and Titan LNG partner to deliver LNG

Norway’s Skangas and The Netherlands’ Titan LNG have signed a Memorandum of Understanding (MoU) that will see the two companies work together to serve marine Liquefied Natural Gas (LNG) customers.

The companies recognise that marine customers can benefit from a ‘one-stop-shop’ for their LNG bunkering needs and the common goal of Skangas and Titan LNG has always been to make LNG readily available and optimise deliveries.

Skangas’ CEO, Kimmo Rahkamo said: “This is a step in the right directions for us. Having invested heavily in making LNG available for the market in the Nordics we can now gain from our experience and know-how in new geographical areas. This memorandum can lead to a win-win-situation for both our marine customers and our two companies.”

Currently Skangas is operating two vessels that can bunker LNG. The company’s main operating area has been the Baltic and North Sea. Titan LNG is due to take delivery of the FlexFueler1, the first LNG bunkering pontoon in Q3 2018. The pontoon will be able to deliver throughout the Amsterdam, Rotterdam and Antwerp region. Titan LNG is working on deploying more bunkering pontoons in various locations.

Titan LNG’s CEO, Niels den Nijs said: “Vessels require flexibility in order to trade profitably and need to bunker in a variety of ports. Hence ship operators need flexible, reliable and rapid deliveries of LNG. By partnering with Skangas we will develop a broader delivery scope for the operators of LNG powered vessels. For ship owners considering if they should go for LNG as their new fuel there is now even less to worry about as we can assist them with both design and increased LNG availability.”

For more information visit www.Skangas.com and www.titan-lng.com

13th Nov 2017