The French LNG & bioLNG solutions provider has coordinated the liquefaction of biomethane, supplied by Cargill, and subsequent transfer of it from KN Energies' FSRU Independence in the Port of Klaipėda onto Avenir LNG's bunker vessel Avenir Ascension.

"This operation marks an important step in the companies’ efforts to expand their operational footprint to include the Baltic, building on their existing presence in Eastern European markets," AXEGAX Trading and Technologies said in a press release.

The company furthered, "The expansion reflects the shared confidence of AXEGAZ T&T, Cargill, and Avenir LNG in the growth potential of the LNG and bioLNG in the maritime sector supported by recent regulatory developments in Europe. Measures such as FuelEU Maritime and the inclusion of shipping in the EU ETS are increasing the need for lower-emission fuels that can help operators meet compliance requirements. BioLNG, in particular, is gaining traction due to its significantly reduced- and in some certified pathways, even negative - carbon intensity."

Brigitte Morriello, the company's Co-founder & President, also shared, "To ensure maximum impact, we have been actively coordinating technical and operational efforts across our internal teams, our partners KN Energies, Cargill, and Avenir LNG, with the support of our local representatives in Lithuania, all of whom we would like to thank. Through close cooperation with major players in the supply chain, we are bringing LNG and bioLNG to new users in the Baltic, Northwest Europe and the Mediterranean."

Photo: AXEGAX Trading and Technologies