Singapore Seeking LNG Bunker Suppliers

MarineLink
Thursday, October 29, 2020

Singapore is looking to add liquefied natural gas (LNG) bunker suppliers amid increasing demand for the cleaner burning marine fuel in the world's top shipping hub.

The Maritime and Port Authority of Singapore (MPA) on Wednesday launched a request for proposal (RFP) for parties seeking to supply LNG fuel to ships in the Port of Singapore.

The city state’s annual LNG bunkering capacity is expected to hit 1 million tonnes by 2021, as shipping companies continue to turn toward cleaner fuels to meet the International Maritime Organization’s (IMO) target to halve the sector’s greenhouse gas emissions by 2050 from 2008 levels.

MPA said it will issue up to two new LNG bunker supplier licenses. These would be in addition to the two LNG bunker suppliers currently licensed in the port: FueLNG Pte Ltd and Pavilion Energy Singapore Pte Ltd.

Singapore, the world’s largest marine refueling hub with annual sales volumes of about 50 million tonnes of bunkers, is the only port globally that implements a licensing regime for bunkering suppliers and craft operators.

Proposals are due by December 15 and must contain an end-to-end LNG bunkering solution, which should include details about its LNG supply and delivery model, its LNG sources and its marketing plan for the sale of LNG bunker, MPA said.

MPA said it will aim to announce the award of new LNG bunker supplier licenses, if any, by February 2021.

In addition to LNG, Singapore is also planning to invest in the search for cleaner alternative fuels.

Categories: Fuels & Lubes LNG Bunkering Ports

Related Stories

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

RINA Wins FEED Contract for Petronas’ Flagship CCS Project in Malaysia

Propane’s Economic Edge for Ports During Trade Uncertainty

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

TotalEnergies Inks 10-Year LNG Supply Deal with South Korea’s KOGAS

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

CNOOC Finds Oil and Gas in South China Sea

Santos and QatarEnergy Agree Mid-Term LNG Supply

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Current News

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

US Pressure on India Could Propel Russia's Shadow Oil Exports

Energy Drilling’s EDrill-2 Rig Starts Ops for PTTEP in Gulf of Thailand

RINA Wins FEED Contract for Petronas’ Flagship CCS Project in Malaysia

ABL Secures Rig Moving Assignment with India's ONGC

Pakistan, Türkiye Deepen Oil and Gas Ties with Offshore Indus-C Block Deal

Eni-Petronas Gas Joint Venture Up for Launch in 2026

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com