The Maritime and Port Authority of Singapore (MPA) has opened applications for licences to operate up to two liquefied natural gas (LNG) floating storage units (FSUs) in the Republic’s anchorages.
Existing LNG bunker licensees may partner third-party terminal operators to provide the necessary storage and operational expertise, the authority said in a news release on Thursday (Nov 12).
It added that most of the FSU’s storage capacity must be allocated for LNG bunkering and that there will be a minimum requirement for capacity that must be made available to other LNG bunker suppliers on open-access terms.
Those who wish to apply must own or charter at least one FSU with a minimum storage capacity of 130,000 cubic metre, is registered with the Singapore Registry of Ships and comply with MPA’s safety and operational requirements.
They must also disclose to MPA the intended maximum fees chargeable for LNG reloading services.
In addition, FSUs must be certified under the International Sustainability and Carbon Certification European Union (ISCC-EU) framework to handle bio-LNG and e-LNG.
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