Avenir LNG enters Brazilian small-scale market with Golar Power deal
Avenir LNG, a small-scale partnership between Stolt-Nielsen, Höegh LNG and Golar LNG said it will collaborate with Golar Power in developing the small-scale LNG market in Brazil.
Avenir’s second 7,500-cbm LNG carrier will be used to deliver LNG to various ports across Brazil upon delivery, the company said in its statement on Tuesday.
The vessel will also offer ship-to-ship bunkering capability as part of Avenir’s global multi-nodal bunkering solution; adding to the Colombian, Mediterranean and Malaysian nodes which the company currently offers.
Commenting on the collaboration with Golar Power, Andrew Pickering, CEO of Avenir LNG Limited, said, “This is another step in our strategy where we are working closely with a shareholder in leveraging its FSRU platform to develop small-scale LNG distribution and bunkering in key developing markets.”
Commenting on the collaboration with Avenir LNG, Eduardo Antonello, CEO of Golar Power, said, “Accessing small-scale tonnage to distribute LNG in Brazil underpins Golar Power’s commitment to the fast-growing Brazilian LNG market – a pivotal part of Golar Power’s strategy.”
He added the company is looking to leverage Golar LNG’s shareholding and direct access to tonnage through Avenir LNG.