- GLBP, a joint venture, has joined SEA-LNG.
- GLBP plans to develop an LNG fuelling facility on the US Gulf Coast.
- They have a practical pathway to achieving Net Zero shipping.
GLBP, a joint venture between Seapath Group and Pilot LNG, has joined SEA-LNG, a coalition promoting LNG’s benefits for maritime use, reports Gas world.
Facility Development
GLBP plans to develop, construct, and operate the first dedicated LNG fuelling facility on the US Gulf Coast, situated at Shoal Point in Texas City, expected to be operational by 2026.
CEO Statement
Jonathan Cook, CEO of Pilot LNG, highlights GLBP’s access to SEA-LNG’s insights and expertise, enhancing development efforts. Initial investment stands at approximately $180m for this crucial LNG bunkering facility.
Fuel Variety
The LNG bunkering infrastructure will provide LNG, carbon-neutral bio-LNG, and e-LNG, catering to existing LNG-fuelled vessels and supporting Net Zero shipping goals.
Pathway to Net Zero Shipping
Both GLBP and SEA-LNG affirm LNG as a practical pathway to achieving Net Zero shipping, emphasizing its global availability and compatibility with bio-LNG and e-LNG development.
Chairman’s Statement
Peter Keller, Chairman of SEA-LNG, expresses pride in welcoming GLBP to the coalition and anticipates a mutually beneficial relationship, emphasizing LNG’s role in maritime decarbonization.
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Source: Gas world