Partnership To Build LNG Terminal at Sweden`s Oxelosund Port
08.15.2022 By Ella Keskin - NEWS

August 15, 2022 [ Baird Maritime] – London-based LNG supply company Avenir LNG and Swedish port operator Oxelosunds Hamn have entered into a memorandum of understanding (MOU) for the development and construction of an LNG/bioLNG terminal in the Port of Oxelosund in south-eastern Sweden.


As part of the agreement, Avenir intends to acquire 100 per cent of the shares in Oxgas, the dedicated project company for the terminal, which is currently owned by Oxelösunds Hamn. Oxgas has secured all environmental and construction permits required to build the LNG/bioLNG terminal in the port.

Avenir will commence construction of the terminal following finalisation of the detailed design and subject to satisfactory due diligence and internal approvals.

The Oxgas Terminal will consist of a single full-containment atmospheric tank, natural gas delivery via regasification to a local pipeline network and LNG via two truck loading bays for wider distribution beyond the port. The terminal is adjacent to key industrial consumers and has connectivity to roads and rail to enable access to existing and new demand centres in Sweden.

Avenir will operate the full LNG/bioLNG supply chain utilising its fleet of LNG carriers to supply the terminal. Oxgas will allow Avenir to consolidate some of its key bunkering customers in the region to be serviced from the terminal, freeing up capacity and increasing throughput across the fleet.


Pro Trial: Access 11,340 Tank Terminal and Production Facilities

11,340 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

TurkStream Gas Pipeline Says Netherlands Withdraws Licence, To Continue Gas Exports
09.30.2022 - NEWS
September 30, 2022 [Reuters] – The Russian-owned operator of the TurkStream gas pipeline said o... Read More
Canada's Enbridge Buys U.S. Green Power Firm Tri Global
09.30.2022 - NEWS
September 30, 2022 [Reuters] – Canadian energy infrastructure firm Enbridge Inc (ENB.TO) on T... Read More
Foreign Tanker Enters Puerto Rican Port After U.S. Waives Shipping Rule
09.30.2022 - NEWS
September 30, 2022 [Reuters] –  A cargo of diesel fuel initially barred from hurricane hit Pue... Read More
LNG Markets May Tighten Further In 2023, IEA's Birol Says
09.30.2022 - NEWS
September 30, 2022 [Reuters] – LNG markets in 2023 may be tighter than this year as demand may ... Read More