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Clean Fuel

about 7 years ago

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.

1 minutes read

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.

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