Following a Heads of Agreement signed in June 2018, Singapore-based LNG company Pavilion Energy Singapore and Total Marine Fuels Global Solutions (TMFGS) have now signed a 10-year fully-termed deal to jointly develop an LNG bunker supply chain in the Port of Singapore.
The cooperation includes the shared long-term use of the 12,000-m³ GTT Mark III Flex membrane LNG bunker vessel newbuild that will allow each party to supply LNG bunker to its respective customers.
This move follows several previous steps by Pavilion Energy to support Singapore’s LNG bunker readiness.
In May 2019, it performed Singapore’s first commercial ship-to-ship LNG bunkering operation, which comprised a reload of 2,000m3 of LNG from a small-scale tanker to a receiving heavy-lift commercial vessel.
Pavilion Energy also chartered its first LNG bunker vessel newbuild from MOL in February this year, with the vessel currently undergoing construction at Sembcorp Marine’s Tuas Boulevard Yard.
Meanwhile, French oil and gas company Total has significantly emphasized on the development of LNG as a marine fuel.
The 12,000m3 LNG bunker vessel shared with Pavilion Energy will add to the two LNG bunker vessels already chartered by Total from MOL.
The first, an 18,600m3 vessel ordered in February 2018 will be positioned in Rotterdam from 2020, and her sister ship ordered in December 2019 will be positioned in Marseilles from 2021.
MPA Singapore has invested significantly in the development of LNG bunkering infrastructure, which has expanded with several leading ports and LNG bunker suppliers alike having established key initiatives and made significant progress in support of these developments.
Pavilion Energy is fully committed to leading to leading the maritime industry’s energy transition with LNG as a marine fuel – beginning in Singapore, our home base. We are very pleased to be working with our strategic partners such as Total, to jointly develop robust LNG bunker logistics and supplies that are readily available for customers in Singapore and beyond,
…said Frédéric H. Barnaud, Group CEO of Pavilion Energy.
We are very proud that the cooperation between Pavilion Energy and Total is paving the way towards the development of LNG as a marine fuel, especially in Singapore, the largest bunkering hub in the world. With these agreements, we pursue our ambition to build a comprehensive network of supply for this clean marine fuel. It also underscores our commitment to offer our customers the best available and technologically proven solution to significantly reduce the environmental footprint of maritime transport,
…said Jerôme Leprince-Ringuet, Managing Director of TMFGS.