Avenir LNG, a small-scale supplier and owner of gas carriers, announced on 30 December reaching the “significant milestone” of delivering its first quarterly financial results with all its assets fully in place.

Third-quarter revenue soared as a result to $20.9m in the third quarter of 2022, from $4.25m in the same period of the previous year. For the first nine months of 2022, revenue almost quadrupled year-on-year to $38m.

This reflects the start of the company’s LNG bunkering business in the Baltic in June, as well as the July delivery of the 20,000-cbm carrier Avenir Achievement (built 2022) to New Fortress Energy, with which it embarked on a six-month charter.