News

Avenir LNG takes delivery of ‘Avenir Advantage’

  • Oct 14, 2020
  • Energy Global

Avenir LNG Limited has announced that its subsidiary Avenir (L) Pte. Ltd. has taken delivery of its first dual purpose LNG bunkering and supply vessel (LBV) Avenir Advantage from Keppel Offshore & Marine, at the Nantong Shipyard, Jiangsu Province, China.

Following its maiden voyage, Avenir Advantage will commence a three-year charter to Petronas LNG Sdn Bhd in Malaysia; becoming the first dedicated LBV in South East Asia. It will supply LNG to fuel ships operating in the region and deliver LNG directly to Petronas small scale customers.

Milorad Doljanin, CEO Avenir LNG Limited, commented: “With the delivery of the Avenir Advantage, we move one step closer to delivering our shareholders’ vision of creating a small scale LNG supply and marketing portfolio.”

“The flexible design of our vessels allows us to support the development of the LNG bunker fuel market whilst adding to the global small scale supply fleet; thereby supporting our strategic objective of supplying natural gas to otherwise inaccessible areas.”

Avenir LNG is currently building a fleet of six LBVs of 7500 m3 and 20 000 m3 capacity and the HIGAS LNG import facility (10 800 m3) in Sardinia Italy. Avenir Advantage is the first of two ships ordered from Keppel Nantong Shipyard. Each vessel has a cargo capacity of 7500 m3 across two Type C tanks.