A new liquefied natural gas (LNG)/Bio-LNG Terminal is set to be built in the Port of Oxelosund, Sweden, following a deal signed between small-scale LNG provider Avenir LNG and port operator Oxelösunds Hamn AB.
Announced today, 11th August, the deal – affirmed under a Memorandum of Understanding – will see Avenir purchasing Oxgas AB, the project company for the Terminal which is currently owned by Oxelösunds Hamn AB.
Strategically located near key industrial natural gas consumers, the terminal will feature a single full-containment atmospheric tank, natural gas delivery via regasification to a local pipeline network and LNG via two truck loading bays for distribution beyond the port.
The terminal will be supplied by Avenir’s fleet of LNG carriers, with some of its key bunkering customers able to be serviced directly from the terminal.
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