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Avenir LNG and Golar Power to develop Brazilian small scale LNG market

2019-11-22

Avenir LNG Ltd has announced that it will collaborate with Golar Power Ltd in developing the Brazilian small scale LNG market.

According to the statement, Avenir will employ its second 7500 m3 LNG carrier to deliver LNG to various ports across Brazil upon delivery. In addition to this, the vessel will also offer ship-to-ship (STS) bunkering capability as part of Avenir’s global multi-nodal bunkering solution, adding to the Columbian, Mediterranean and Malaysian nodes which the company currently offers.

Andrew Pickering, Chief Executive Officer of Avenir LNG Ltd, 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.”

Eduardo Antonello, Chief Executive Officer of Golar Power Ltd, added: “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. We are pleased to be able to leverage Golar LNG’s shareholding and direct access to tonnage through Avenir LNG.”