Thursday, 21 November 2019 11:33

Teekay-Shell LNG deal

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Nov 21 (LNGJ) - Shell Global Downstream LNG said it signed a deal with Teekay Offshore Logistics to supply liquefied natural gas for two Teekay LNG-powered shuttle tankers in Europe. Teekay’s 130,000-deadweight ton newbuilds will operate on a dual-fuel basis. The Teekay tankers are being built by Samsung Heavy Industries in South Korea.

   “We are excited to add another tanker customer to the growing number of organizations adopting LNG,” said Tahir Faruqui, general manager of Shell Global Downstream. Idar Hillersoy, President of Teekay Offshore Logistics, said that having Shell as a strategic partner provides the company with a long-term LNG fueling solution. The Teekay vessels will be delivered in 2019 and 2020 and begin operations under partnership agreements with Norwegian energy company Equinor.

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