The Maritime and Port Authority of Singapore (MPA) recently awarded a third LNG bunker supplier licence to Total Marine Fuels Private Limited for a five-year term, starting 1st of January 2022.
According to MPA Singapore, Total Marine Fuels Private Limited is a global LNG supplier and an experienced operator providing end-to-end LNG bunkering solutions that will complement the existing two licensees – FueLNG Pte Ltd and Pavilion Energy Singapore Pte Ltd – to drive demand and grow LNG bunkering volumes in Singapore.
In light of the situation, Mr Jérôme Leprince-Ringuet, Vice-President, Marine Fuels, Total, said:
“We are honoured to be awarded by MPA the licence to supply LNG as a marine fuel in Singapore. This achievement underscores Total’s goal to be a leading LNG bunker supplier globally, and is in line with our climate ambition to get to Net Zero by 2050, together with society”.
In planning ahead to meet the region’s growing demand for LNG as a marine fuel, MPA issued a Request for Proposal on 28 October 2020 for parties seeking to supply LNG bunker in the Port of Singapore.
As explained, LNG is a clean marine fuel that reduces the emission of nitrogen oxides and greenhouse gases, while generating minimal sulphur and particulate emissions.
“As the world’s top bunkering hub, the Port of Singapore is well-positioned to expand its offering of marine fuel solutions. We welcome Total Marine Fuels Private Limited’s entry into Singapore’s LNG bunker market to bolster the country’s ambition in becoming Asia’s leading LNG bunkering hub. We will continue to work with interested parties to grow the bunkering ecosystem in the Port of Singapore and drive the transition to a more sustainable future.”
…Ms Quah Ley Hoon, Chief Executive of MPA, said.
For the record, Singapore currently has an LNG bunker supply capacity of up to one million tonnes per annum.
“LNG is the best, immediately available solution to reduce our shipping customers’ carbon footprint and it paves the way towards carbon-neutral bioLNG and synthetic methane. We will continue to ramp up our investments to deliver competitive, reliable and end-to-end LNG bunkering solutions for customers in Singapore and beyond.”
….as Mr Jérôme Leprince-Ringuet concluded.