Does Nebula energy need a shipping company?

Nebula Energy will need vessels in the next three years to serve upcoming projects US-based investment company Nebula Energy is buying a controlling stake in LNG terminal developer AG&P LNG to fast-track its gas-to-power projects in South East Asia and is setting up a new shipping company to support its efforts.

Who is Nebula energy?

Nebula Energy is a fully-integrated investment, development, and asset management company dedicated to revolutionizing the energy landscape. We deliver value-added energy solutions for utilities, private sector companies, cooperatives, and municipalities. We discover, develop, own, and operate efficient energy systems. Nebula Energy.

Who is the new CEO of Nebula energy?

Current AG&P LNG chief executive Karthik Sathyamoorthy will continue in his role, with Nebula founder Peter Gibson appointed as chairman and Sam Abdalla as vice chairman. Separately Nebula Energy has set up a ship-owning company, Nebula Energy Shipping, to own and operate its marine assets.

Why should you invest in Nebula energy?

Sathyamoorthy said that having a shareholder who can bring the shipping element helps give customers clear visibility on long-term supply. Nebula Energy LLC is an integrated investment, development and asset management firm based in Florida, US.

Can Nebula grow organically?

Nebula — which describes itself as an investment infrastructure company focused on LNG-to-power — had the option of growing organically, Abdalla said, but he felt it did not have time for that. He said the company started focusing on South East Asia and looking for a company to acquire.

How many LNG carriers will Nebula need?

Speaking to TradeWinds, Abdalla — who has worked on liquefaction plant and LNG terminal projects before — said that according to Nebula’s calculations, it will need 15 full-size LNG carriers in the next three years. He said shipping can become a “significant expense” but can also be a “significant opportunity”.