SINGAPORE, July 31 — Singapore will issue eight new licences to supply liquefied natural gas (LNG) as a marine fuel from Sept 1 to strengthen its position as a multi-fuel bunkering hub, the Maritime and Port Authority of Singapore (MPA) said on Thursday, reported Xinhua.

The five-year licences, valid until Aug 31, 2031, will be awarded 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 said the expanded licensing framework will boost Singapore’s LNG bunkering capacity and strengthen the supporting ecosystem to meet growing demand for LNG bunkering services.

Licensees are required to provide end-to-end LNG bunkering services, including fuel supply, storage, cargo transfer and vessel delivery. — Bernama-Xinhua