Energy major Shell is slowing down plans for liquefied natural gas (LNG) fuel production inNorth America, clean transportation news site Fleets & Fuels reports.
"We want to make sure we are on pace with demand as it's growing," a spokewoman said.
"We are looking to ensure that we are doing the right thing at the right time in the right place."
Shell is cancelling a liquefaction plant inAlberta, Canada and putting two other moveable, modular liquefaction system (MMLS) units, in Sarnia, Canada and in Geismar, in the U.S. state of Louisiana, on hold.
The Sarnia and Geismar sites, intended to serve the Great Lakes and Gulf Coast markets, are "under review," the spokeswoman said.
Shell CEO Ben van Beurden said last week that the company is seeking "a tighter grip on performance management with more disciplined use of funds."
One source told Fleets & Fuels that Shell is "pulling back on smaller and more discretionary projects as they focus on the core business" and that the switch in plans for the LNG plants reflects a "lack-of-customer issue."
Greece's Port of Piraeus is planning a liquefied natural gas (LNG) refuelling station, new agency Prensa Latina reports, citingQatar Petroleum International (QPI).
Greek Marine Minister Miltiadis Varvitsiotishas said that, while no Greek vessels currently run on LNG, a passenger ship using the fuel will be part of the nation's fleet by 2014.
The Greek coastal shipping industry has been looking into the possible adoption of LNG bunkers, the news site Shipping Herald reported earlier this month.
In 2012, Greece and China began a €1.2 million ($1.6 million) research project on the use of LNG bunkers, and the Hellenic Register of Shipping (HRS) said at the time that the fuel "is expected to dominate in the near future" due to its ability to reduce emissions and operating costs.