Posted On: 16-12-2016
Oil and gas major Total has joined SEA\LNG, a multi-sector industry coalition created to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel.
Total is involved across the entire LNG chain, from extracting natural gas onshore and offshore to processing plants where it is liquefied, stored and shipped in a fleet of specially designed carriers to regasification terminals for delivery to the customers.
In 2015, the company’s LNG production was of 10.2 million tons and it aim is to double its liquefaction capacity to around 20 Mt/y and increase its LNG trading portfolio to 15 Mt/y by 2020.
Total Marine Fuels Managing Director, Mr. Olivier Jouny, said, “Our mission, as an integrated oil company, is to offer global and compliant solutions to our customers to meet the 2020 Global Cap requirements recently set by the International Maritime Organization. Total has a long historical activity in the bunker industry and is also a strong worldwide LNG player, thus providing the required conditions to position the company on this emerging LNG bunker market, with the objective to be a key player. Total’s ambition is to become the responsible energy major and the Group strongly supports the SEA\LNG drive to make LNG the preferred clean marine fuel of the future.”
SEA\LNG brings together players from across the supply chain, including shipping companies, classification societies, ports, major LNG suppliers, downstream companies, infrastructure providers and OEMs (original equipment manufacturers) to address market barriers and transform the use of LNG as a marine fuel.
The coalition members include ABS, Carnival Corporation, DNV GL, Eagle LNG Partners, ENGIE, GE, GTT, Keppel Gas Technology, Lloyd’s Register, Mitsubishi Corporation, NYK Line, Port of Rotterdam, Qatargas, Shell, Total, TOTE Inc., and Wärtsilä.