Marmara LNG capacity rises 63%
Turkey has started expanding its Marmara Ereğlisi LNG import terminal with construction of a fourth storage tank, state operator BOTAŞ said. The new 160,000-cubic-meter tank will lift total LNG storage capacity to 415,000 cubic meters from 255,000 cubic meters. Works began on July 7, with addition of the fourth storage tank set to increase the terminal’s total capacity by about 63%, once in operation around 2029.
LNG Canada gives First Nations option to buy Phase 2 tank
Five First Nations can invest up to C$1 billion to own an LNG storage tank – as part of the LNG Canada’s Phase 2 expansion – and lease it back to the terminal developer for the operational life of the project. The tank would have a capacity of 225,000 cubic metres and would be built in Kitimat, BC, with an investment decision on Phase 2 targeted by the end of 2026.
GTT wins tanks order at PipeChina’s Yuengdong terminal
GTT has received an order from China Chengda Engineering Co. to design three very large onshore LNG storage tanks for PipeChina’s Yuedong LNG terminal in Jieyang, Guangdong province.
Bosowa and BK LNG accelerate Indonesia’s coal-to-gas switch
Privately-held Bosowa Energy Group, an East Indonesian conglomerate, has teamed up with BK LNG Solutions to accelerate Indonesia’s clean energy transition. The two partners agreed to develop floating storage units (FSRUs) for importing LNG to fuel gas-fired power plants and distribute small-scale LNG via ISO tanks to remote and underserved regions.
The cooperation allows Bosowa Energy to combine its domestic operational capabilities with BK LNG’s international LNG expertise. A key element of the partnership will be the re-powering of diesel-fuelled plants on remote island to run on natural gas. The initiative will not only help cut emissions but also improve electricity access and grid stability in remote and often underserved regions.
Pilot projects underway in East Indonesia
To that end, Bosowa and BK LNG want to deploy modular LNG regas units and develop a localized system of micro grids. Pilot projects are scheduled to launch in Eastern Indonesia towards the end of 2025, with plans to expand operations nationwide in the coming years.
By joining forces, Bosowa and BKLS aim to accelerate project execution. Muhammad Akram, Chief Operating Officer (COO) of Bosowa Energy Group said the partnership “not only enables us to diversify our energy portfolio with scalable LNG solutions, but also directly supports our mission to reduce emission to enhance energy reliability in underserved regions.”
Henry Kim, President of Singapore-based BK LNG Solutions, highlighted the company’s commitment to support Indonesia’s clean energy transition: "As a specialist in flexible LNG solutions (…) we are confident in our ability to deliver reliable and efficient natural gas solutions tailored to Indonesia's unique needs, which we believe are essential for a resilient energy transition,” he said.
Rival FSRU onstream in West Java
The Japanese shipping major Mitsui O.S.K Lines (MOL) has already put an FSRU into commercial operation in early April. The floating LNG import units helps provide fuel to a power plant in West Java. The project is one of Asia’s first integrated gas-to-power project that involves an FSRU.
Development of the Jawa 1 gas-fired plant and project development was handled by PT Jawa Satu Regas (JSR), a jointly established company with PT Pertamina, Marubeni, and Sojitz Corp. Debt financing was arranged via the Japan Bank for International Cooperation, Asia Development Bank (ADB), Mizuho Bank, MUFG Bank, Oversea Chinese Banking Corpn, Crédit Agricole and Investment Bank, and Société Générale Bank & Trust.
