Titan LNG Signs New Customer

Amsterdam-based Titan LNG signed a 5 year LNG supply contract with a new industrial customer in Niedersachsen (Germany).

“Titan LNG will supply natural gas in liquid form or LNG from 2014 avoiding a multi-million Euro investment in a gas pipeline by transporting the LNG per tanker truck to Germany. This fits our strategy of replacing oil burn in the industrial sector.” said Niels den Nijs, Titan LNG’s Commercial Director.

Using LNG instead of industrial heating oil will make high and volatile energy costs to produce steam a thing of the past for this industrial energy user. LNG is around 15% more economic than industrial heating oil and propane (LPG). On top of this economic benefit LNG reduces CO2 emissions by 30%, NOx emissions by 50% and SOx emissions with 30% compared to industrial heating oil.

To serve its customers Titan LNG builds and then rents the infrastructure to store the gas in liquid form and vaporize the LNG to normal natural gas at its customer’s locations.

Ronald van Selm, Operational Director Titan LNG, comments: “Titan LNG is a frontrunner in the transition from polluting oil to clean natural gas by constructing safe, fully CE certified and easy to operate LNG installations at all our customer’s locations, providing a carefree user experience equal to having a gas pipeline.”

LNG can now be distributed by tanker truck throughout North West Europe due to the installation of truck loading facilities at the LNG import terminals in the harbours of Zeebrugge (Belgium) and Rotterdam (The Netherlands). Furthermore the price of natural gas and LNG has improved considerably versus oil based fuels. The result is that any industrial user currently not connected to the natural gas grid has the option to switch from industrial heating oil or propane to economic and clean natural gas, saving money with every cubic meter of gas burned and reducing their environmental footprint.

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LNG World News Staff, December 19, 2013; Image: Titan LNG