ENN boosts gas sales, LNG bunkering

Hong Kong-based ENN Energy Holdings informed its natural gas sales in the first half of this year rose 10.5% to 5,527 million cubic metres, as compared to the same period in 2014.

During the period, the company’s vehicular natural gas sales volume in China increased by 11.5% to 743 million cubic metres, ENN said in a statement issued on Thursday.

ENN built 8 CNG refuelling stations and 8 LNG refuelling stations during the period, bringing the total number of CNG and LNG refuelling stations in operation to 294 and 249, respectively.

LNG Bunkering Business

The company’s gas sales volume for LNG bunkering business amounted to 960,000 cbm in the first half.

During the period, ENN completed bunkering for an ocean-going vessel of Nor Lines, Norway, and an LNG-powered tugboat of CNOOC.

The Group’s bunkering barge in Xijiang, Guangxi has also officially commenced operation.

ENN, which has currently a total of 3 bunkering stations for LNG vessels, signed several strategic cooperation framework agreements with a number of organisations regarding the LNG bunkering business.

These organisations include Samchully Company (the largest downstream city gas distributor in Korea), Minsheng Bank, Nantong Port, Wuhan New Port Construction Investment and Development Group and Quanzhou Port Authority.

Looking ahead, ENN said it will continue to cooperate with shipping companies, port authorities and various provincial and municipal transport departments to seize opportunities to set up more stations at major ports and to develop more new LNG-powered vessels so as to prepare for the rapid development of LNG bunkering business.

LNG World News Staff; Image: ENN