Nauticor GmbH & Co. KG and Novatek Green Energy Sp. o. o have signed a Letter of Intent (LOI) regarding the cooperation in developing a joint LNG supply infrastructure in the Baltic Sea range. Through this cooperation the two companies aim to further develop the marine LNG bunkering market by delivering via both bunker vessels and trucks. Special focus is placed on the development of such infrastructure in ports along the German Baltic Sea coast.
Both companies are already active market players in the North European LNG market and see significant potential for further growth by joining forces. Novatek has remarkable LNG production capacities in Yamal and Vysotsk which would be suitable to satisfy the growing demand from shipping, logistics and industry for alternative fuels in Central and Western Europe. Nauticor has extensive experience in setting up bespoke and competitive supply chains for LNG as marine fuel by truck and ship in Northwest Europe. Since its start, the Hamburg based company has been continuously improving these LNG supply chains and started bunkering operations with the world’s largest LNG bunker supply vessel “Kairos” at the beginning of 2019.
Therefore, Gregoire Hartig, Senior Business Development Manager of Nauticor, is convinced that “this cooperation combining the strengths of a leading marine LNG provider with those of one of the world’s largest LNG producers will benefit those companies that chose using LNG as fuel as it is improving the availability of LNG in a growing number of locations. The commitment of a strong player like Novatek, to support the development of small-scale LNG infrastructure in the Baltic Sea and beyond, underlines Nauticor’s efforts to develop the last mile of the LNG supply chain from the terminal to the end-customer. The Rostock LNG terminal is obviously an important addition to that and a natural starting point for such a cooperation.”
By using LNG, a wide range of emissions, especially sulphur, nitrogen, and particle matters, as well as carbon dioxide, can be significantly reduced.
Nauticor GmbH & Co. KG The Hamburg based company Nauticor GmbH & Co. KG is a leading supplier of liquefied natural gas (LNG) as fuel for ships. As a part of The Linde Group, a world-wide leading gas and engineering company, Nauticor combines a broad range of competencies in cryogenic technology, logistics, and bunkering to develop LNG supply solutions for maritime customers in Northwest Europe, especially the North and Baltic Sea. It is Nauticor’s strategy to cover the entire LNG value chain from the terminal to the end customer, including sourcing, transport, storage and bunkering in strategically important ports.
For further information please contact:
Jan Schubert
Senior Manager Sales & Business Development, Nauticor
Phone: +49 (0) 40 468 959 331
Email: jan.schubert@nauticor.de
Winfried Krüger-Sprengel
Managing Director, Rostock LNG GmbH
Phone: +49 175 29 153 12
Email: wks@novatek-gnp.ch