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    OMV Petrom delivers first LNG in Romania

Summary

The Austro-Romanian company is expanding its gas business in Romania.

by: Joseph Murphy

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Complimentary, Natural Gas & LNG News, Europe, Corporate, Exploration & Production, News By Country, Romania

OMV Petrom delivers first LNG in Romania

Austro-Romanian oil company OMV Petrom has completed the first ever delivery of LNG in Romania, the company announced on September 17, for fuelling a ship at the port of Mangalia.

The ship in question was built at the Damen shipyard at Mangalia.

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OMV Petrom is looking to expand its gas business in Romania, attracted by strong demand prospects and viewing gas as having a key role to play in the country's energy transition. In June it secured a licence to commercialise LNG in Romania, and earlier this month it launched a new gas sales platform.

LNG produces less CO2 and other emissions compared with oil-based fuels, and is expected to see a rapid expansion in use in shipping over the coming years, as vessel owners seek to comply with stricter rules on pollutants. Shipping services group Clarksons recently estimated that 30% of new ships ordered this year in gross tonnage terms will be designed to run on LNG.