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Equinor conducts first ship-to-ship LNG transfer in The Bahamas

The first ever ship-to-ship (STS) transfer of liquefied natural gas (LNG) in The Bahamas occurred on February 7 at international energy company Equinor Energy AS’ storage and transshipment terminal at South Riding Point, Grand Bahama, a press release on the matter revealed.

Excelerate Energy L.P. and Equinor utilized Excelerate’s floating storage regasification unit (FSRU) “Exemplar” and Equinor’s LNG carrier “Arctic Voyager”, to transfer a full LNG cargo using the double-banked LNG transfer system.

The South Riding Point storage and transshipment terminal is strategically located for the storage and transshipment of crude, related products and LNG.

There have been lots of conversations surrounding LNG and Grand Bahama, as cruise ship companies look to the island as a possible storage point for LNG, where cruise ships can refuel.

This refueling point will be important in the future given that most of the new cruise ships on order will be powered by engines that use LNG as fuel.

Excelerate’s Chief Commercial Officer Daniel Bustos said in the release that the company’s STS process has proven safe in other territories.

“Excelerate conducted the industry’s first commercial STS transfer of LNG in 2007, and since then STS transfers have been completed and proven safe in a wide range of environments, now including The Bahamas,” he said.

“This new STS location allows us to provide additional commercial flexibility to our customers and respond to prompt market needs in a safe and reliable manner.”

The release added: “Excelerate recently completed its 1,500th commercial STS transfer on February 3, 2019 at the Engro Elengy Terminal in Port Qasim, Pakistan. To date, Excelerate has successfully transferred over 170,900,000 cubic meters of LNG using its STS protocol – of the 1,500 operations, over 1,300 have been with third-party vessels.”

Excelerate Energy’s release explained that it is a U.S.-based LNG company located in the Woodlands, Texas.

“Excelerate offers a full range of floating regasification services, from FSRU to infrastructure development to LNG supply,” the release states.

Chester Robards

Senior Business Reporter at The Nassau Guardian
Chester Robards rejoined The Nassau Guardian in November 2017 as a senior business reporter. He has covered myriad topics and events for The Nassau Guardian.
Education: Florida International University, BS in Journalism
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