Singapore to Issue Eight LNG Bunkering Licences

Singapore will issue eight new licences for the provision of liquefied natural gas (LNG) as marine fuel starting 1 September, in an effort to strengthen its position as a multi-fuel bunkering hub, according to the Maritime and Port Authority of Singapore (MPA) on Thursday. The five-year licences, which remain valid until 31 August 2031, will be granted to Aramco Trading Singapore, Equatorial Marine Fuel Management Services, ExxonMobil Asia Pacific, PetroChina International (Singapore), Shell Eastern Trading, Sinopec Fuel Oil (Singapore), TotalEnergies Gas & Power Asia (TEGPA)-Sembcorp Fuels (Singapore) Joint Venture, and Vitol Bunkers (S). The MPA stated that this expanded licensing framework will increase Singapore’s LNG bunkering capacity and strengthen its supporting ecosystem to meet the growing demand for LNG bunkering services. Licence holders are required to provide comprehensive LNG bunkering services, including fuel supply, storage, cargo transfer, and delivery to vessels.