Office In Singapore, Dubai, London, Rotterdam, Oman, Malaysia, Indonesia and China
Next step: bringing gas to our global markets with LNG
Our gas offering grows with a new strategic partnership focused on exploring new opportunities in Liquefied Natural Gas (LNG).
Sovereign Royal Energy with the strategic partners - Sonnens Energy and GDHI Oil Group has ventured into the global LNG business.
We believe LNG can be a transition fuel that could help reduce the burning of fuels such as coal and fuel oil and support efforts to reduce greenhouse gas (GHG) emissions and maintain global energy security.
The Company intends to continue exploring a range of EU, Malaysia, Indonesia with ASIAN, Indian, Sri Lanka and international opportunities in key LNG markets.
Port of Houston
Port of Fujairah
Really circumstances arising from the use of floating tanks as oil product storage
In recent years, international oil markets have witnessed collapsing oil prices as a result of an excess in supply and a corresponding decrease in demand as consumer behavior switches slowly away from a dependency on oil. Oil refineries and storage facilities are near or at capacity. The absence of terminal and tank farm capacity has generated renewed global interest in and a growing demand for oil tankers to be used as floating storage. This increase in demand for floating storage is being reflected in daily hire rates, with VLCC rates being pushed from averages closer to $100,000 to reportedly in excess of $300,000 a day, according to industry sources.
Company Announcement
Our company is ready to acquire and provide global services for a dedicated Brand-new LNG vessel in collaboration with strategic partners.
Photo For Reference only
The LNG Vessel is Ready
(2025)
Regarding the LNG vessel, We simply state that we are acquiring two to three new liquefied natural gas (LNG) vessels at present. What we truly required was:
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We are seeking a new joint venture partner for those vessels, including:
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A Major Vessel Partner to provide routine management and daily operations for our vessels.
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A US brand, European brand shipping company with a global license and permit. (We are interested in forming a joint venture, collaborating, or partnering with, or becoming a partial share shareholder in a JV company, consortium participants to lease those vessels.)
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For major joint venture collaborations, we can accept an investment amount of 50%/50% or subject to a final contractual agreement.
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Seeking a New JV Partner, Strategic Partners, especially in the USA, Canada or Middle East, but excluding from China, Hong Kong and Macao.
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We are also welcome any new supplier who can supply the LNG to our consortium. (subjec to the final contract.
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We are also receptive to any new supplier who can provide liquefied natural gas (LNG) to our consortium, subject to the terms of the final contract.