Page 13 - SMD1920_11Sept

SINGAPORE MARITIME DIRECTORY 2019/2020
Promoting LNG through Focus Group
Singapore is also continuing to promote the use of LNG as a marine fuel through international forum. At the 20th Singapore International Bunkering Conference and Exhibition (SIBCO) 2018 in October, the MPA announced that the Suez Canal Economic Zone Authority has joined the LNG Bunkering Port Focus Group, the rst Middle Eastern port to do so.
“The growing membership will strengthen the global network of LNG bunkering facilities and give shipping lines more con dence to invest in LNG-fuelled vessels,” said Senior Minister of State for Transport and Health, Dr Lam Pin Min.
Formed by port authorities in Singapore, Belgium and the Netherlands in 2014, the group’s intent is to enable the uptake of LNG as marine fuel globally by facilitating, among other things, the harmonisation of LNG bunkering standards across its members. The group now comprises 12 port authorities, including Ningbo- Zhousan, Marseille Fos, Vancouver, Jacksonville and Ulsan.
Developing Small-Scale LNG Solutions in Southeast Asia More LNG infrastructure is being rolled out to ensure operational certainty for carriers. At Asia’s largest oil and gas industry event OSEA2018 in November, two Singapore-based companies, SSB Cryogenic Services and Global Petro Storage (GPS) Singapore, signed a S$50- million agreement to expand and develop small- scale LNG supply chain solutions in Southeast Asia.
The collaboration aims to promote the transportation, distribution and storage of LNG in small-scale aspect, to locations
with limited access to energy sources due to inadequate distribution infrastructures and poor interconnectivity of gas pipelines. Smaller- scale supply solutions using small-scale LNG membrane vessels, satellite hubs and ISO tanks are inherently suited for locations where the demand for energy sources is not adequately serviced.
“As part of the collaboration, SSB will identify and introduce project opportunities to GPS,” said SSB’s managing director Peh Lam Hoh. “GPS, with an extensive knowledge in the energy industry and specialising in project investment and asset management, will own and operate the assets and infrastructures. With the new SSB technical service centre in Singapore to provide support for cryogenic equipment, we strive to push forward the development of small- scale LNG supply chain solutions, serving the small- and mid-scale customers in this region.
The global push for cleaner energy source and IMO’s cap on fuel sulphur content have also created opportunities in LNG bunkering, intermediate storage and break-bulking activities.
Said Eric Arnold, CEO of GPS Singapore, “GPS believes that gas is the fuel of the future and thus is focused on developing optimal onshore and/or offshore infrastructure needed to allow suppliers to access the respective demand centres.”
The growing membership will strengthen the global network of LNG bunkering facilities and give shipping lines more confidence to invest in LNG-fuelled vessels.
DR LAM PIN MIN
SENIOR MINISTER OF STATE FOR TRANSPORT AND HEALTH
11