TotalEnergies Launches LNG Bunkering JV with Shipping Group ...Middle East

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TotalEnergies Launches LNG Bunkering JV with Shipping Group
source : OILPRICE ( Middle East ) () 43
TotalEnergies and shipping giant CMA CGM Group will create a joint venture to provide LNG bunkering supply services at the port of Rotterdam, Europe’s largest, in a bid to help replace more fuel oil volumes with liquefied natural gas in shipping.    The agreement for the 50/50 joint venture is the first such deal between an energy provider and a shipping group to co-develop and jointly operate LNG bunkering facilities, the French oil and gas supermajor said on Wednesday.  “This strategic partnership reflects the…

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