[[{“value”:”
Preliminary bunkering data on MPA’s website shows LNG bunkering sales in the world’s largest bunkering port reached 41,996 mt last month.
This compares to 35,552 mt in April 2024.
Also, this is the highest monthly volume this year.
MPA said last month that LNG bunkering volumes reached 39,025 mt in March, up 1 percent year-on-year.
During January-April, Singapore LNG bunkering volumes reached 143,851 mt, a rise of 29 percent compared to 111,473 mt in the same period last year.
In 2024, LNG bunkering volumes surged 318.5 percent to 463,948 mt.
This compares to 110,850 mt in 2023, when LNG bunkering sales jumped compared to 16,300 mt in 2022 and 49,190 mt in 2021.
LNG bunkering volumes in Singapore increased due to new bunkering vessels working in the Singapore port, the growth of the global fleet of LNG-powered vessels, and lower LNG fuel prices.
In addition, MPA is currently looking for ways to scale up use of LNG as a marine fuel in the Port of Singapore.
In December, it launched an expression of interest (EOI) to invite interested parties to submit a proposal(s) that would allow MPA to better understand the potential for scaling up of sea-based reloading of LNG for use as a marine fuel.
MPA recently said it received 14 proposals under its EOI to scale up the supply of LNG as marine fuel.
At present, the port of Singapore is served by three licensed LNG bunker suppliers and hosts three LNG bunkering vessels which provide ship-to-ship fueling operations.
The 7,500-cbm FueLNG Bellina, owned by a joint venture consisting of Shell and Seatrium, is Singapore’s first LNG bunkering vessel. It started operations in 2021.
Besides this vessel, the 18,000-cbm FueLNG Venosa completed its first LNG bunkering operation in 2023.
This is FueLNG’s second bunkering vessel, and the JV charters it from Korea Line LNG, a unit of SM Group’s Korea Line.
In addition to these two vessels, Singapore’s Pavilion Energy, which is now part of Shell, completed the first bunkering operation with MOL’s LNG bunkering vessel, Brassavola, in February last year.
A unit of France’s TotalEnergies also recently completed what it says is Asia Pacific’s first LNG bunkering for cruise passenger ships with Brassavola.
The post Singapore LNG volumes rise in April appeared first on Energy News Beat.
“}]]
Energy News Beat