LNG bunker licence application

Shell is submitting an application to the Gibraltar Port Operations Office for a liquefied natural gas (LNG) bunker licence in Gibraltar.

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In 2019, Shell completed construction and officially opened a new liquefied natural gas (LNG) regasification terminal that was constructed by Shell and Gasnor (a 100% Shell-owned subsidiary). As a result, Gibraltar has switched from diesel-fuelled power generation to cleaner-burning natural gas, using a newly commissioned 80-megawatt gas-fired power plant.

Powering Gibraltar’s homes and businesses with this reliable and cleaner energy is a hugely important step towards reducing emissions and it delivers on Her Majesty’s Government of Gibraltar’s (HMGOG) aim of reducing carbon dioxide emissions and improving air quality around the Rock of Gibraltar.

Construction of the terminal followed an LNG supply agreement signed in 2016 between Shell and Her Majesty’s Government of Gibraltar.

Natural gas-fired electricity generation has an important role to play in the transition to a lower-carbon global energy system. It can help to reduce greenhouse gas emissions and air pollution by displacing coal- and oil-fired generation.

LNG is delivered to the terminal by ship twice a month and at night, minimising disruption to the neighbouring port and airport. It is stored in five double-walled stainless-steel tanks, each able to hold 1,000 cubic metres of LNG.

On December 1, 2010, Shell completed the sale of its downstream businesses in Gibraltar to World Fuel Services.

This includes Shell’s retail, marine, commercial fuels, supply and distribution businesses, and Shell’s 50% shareholding in the aviation joint venture, Intoplane Services Gibraltar Ltd.

World Fuel Services will market, sell and distribute Shell-branded lubricants products and deliver Shell Marine Products to international customers in Gibraltar.

World Fuel Services operates in Gibraltar as Gib Oil Ltd.

Contact details

Gib Oil Ltd
Western Arm
North Mole
PO Box 231

Website: www.giboil.com
Tel: + 350 20003400
Fax: + 350 20075998
E-mail: info@giboil.com

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