JAX, Petronet and Toyota Tsusho join SEA\LNG
JAX LNG, Petronet LNG, and Toyota Tsusho Corporation are the latest companies to join SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel. The coalition’s goal of creating the necessary confidence in the shipping sector to drive an effective and efficient global LNG value chain by 2020. Peter Keller, SEA\LNG Chairman and Executive Vice President, Tote said: “As a coalition, SEA\LNG is expanding, which continues to illustrate the support for and momentum behind the use of LNG as a marine fuel. Toyota Tsusho Corporation (TTC), JAX LNG, and Petronet LNG Limited are the latest to join and we welcome their addition to our membership." He added: "SEA/LNG members span the entire LNG value chain and recognise that by pooling knowledge and working together, we can help drive the change needed across the marine transportation system.” JAX LNG, LLC is a partnership created to bring secure liquefied natural gas supply to Florida. The partnership was formed in 2015 and brought together Pivotal LNG, a wholly owned subsidiary of Southern Company Gas, and NorthStar Midstream, backed by funds managed by Oaktree Capital Management, JAX LNG is constructing a state-of-the-art liquefaction and LNG storage facility with marine and trucking loading capabilities in Jacksonville, Florida. The new facility is expected to be operational in the fourth quarter of 2017. The project includes an initial liquefaction capacity of 120,000 gallons of LNG per day and 2 million gallons of on-site LNG storage.