03-04-2023
Vitol delivers first LNG cargo into Finland’s new Inkoo terminal
On Sunday Vitol delivered the first LNG cargo into Finland’s new Inkoo terminal. The cargo was ordered by Elenger, the largest privately owned energy company in the Finnish-Baltic region.
The cargo originates from Vitol’s portfolio of US origin LNG, specifically the Venture Global Calcasieu Pass facility, and was transported in the Vivit Americas LNG, a modern LNG tanker which is part of the Vitol fleet. The tanker, sailing under the flag of Malta and built in 2020, is 299 meters long and 46 meters wide. It can hold 174,062 m3 of liquefied gas.
Vitol has a global LNG portfolio with long term sourcing contracts from producers in the USA, Middle East, Africa and Asia. In 2022 Vitol traded over 17.5 million toe of LNG with around 67% of this volume being supplied to Europe.
Pablo Galante Escobar, Head of LNG & European Gas and Power, Vitol said: “Vitol is delighted to deliver the first LNG cargo to Elenger via Finland’s Inkoo terminal. The opening of the terminal will enhance energy security in Finland and the Baltic region, facilitating the flow of LNG from around the world to European industry and consumers.”
“As one of the few energy companies operating in the region, we purchase gas directly from the Western sources, this allows us to offer our customers greater security and better prices, and has significantly increased our market share in Finland and the Baltic countries over the past year,” said Pasi Näkki, CEO of Elenger Finland.
“Until today we have used the port of Klaipeda in Lithuania to bring gas from the United States and Norway, now we start cooperation with the Inkoo terminal too and also with a new supplier in addition to our current partner Equinor from Norway – a global energy company Vitol,” said Näkki.
Elenger has signed agreements with LNG terminals to deliver a total of ten cargoes by the fall of this year – three deliveries have already arrived in Lithuania’s Klaipeda port in January and March, and a total of seven deliveries will arrive in Finland’s Inkoo port in the spring and summer. Last year, Elenger procured five large shiploads of gas for its customers through the port of Klaipeda.
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
NextChem acquire HyDEP and Dragoni Group
Maire Tecnimont Spa announced Tuesday that NextChem, through its subsidiary NextChem Tech, has finalized the acquisition of 80 percent of HyDEP Srl and 100 percent of ...
30-04-2024
-
ClearSign Technologies receives two purchase orders from California refinery
ClearSign Technologies Corporation, an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while ...
30-04-2024
-
AMETEK® Level Measurement Solutions unveils BrightTEK™
AMETEK Level Measurement Solutions (LMS), a business of AMETEK Inc, announces the launch of BrightTEK, a state-of-the-art wireless Industrial Internet of Things (IIoT) ...
30-04-2024
-
Aker solutions to upgrade Mongstad refinery for Equinor
Aker Solutions has been awarded a substantial EPCIC-contract by Equinor to upgrade the wastewater treatment plant facilities and lower the environmental impact of the ...
29-04-2024
-
Aspen Technology introduces AspenTech Strategic Planning for Sustainability Pathways™
Aspen Technology Inc, a global leader in industrial software, today introduced AspenTech Strategic Planning for Sustainability Pathways™, a new and unique integrated ...
26-04-2024
-
Sasol provides state of the art catalysts to INERATEC for the production of sustainable e-fuels
The catalysts will be used, among others, in the first large-scale industrial Power-to-Liquid (PtL) plant that INERATEC is currently building in Frankfurt, Germany, which ...
24-04-2024
-
Baker Hughes to supply 17 centrifugal compressors to Saudi Master Gas System project
Baker Hughes, an energy technology company, announced Tuesday that it has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment ...
23-04-2024
-
SABIC Fujian Petrochemicals select Phenol yechnology from KBR
KBR announced today it has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's market-leading phenol technology in China. Under the terms of the ...
22-04-2024
-
Lummus Expands R&D capabilities to enhance innovation and water and wastewater technologies
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced the opening of its cutting-edge research and development (R&D) ...
17-04-2024