A joint venture between Keppel Offshore & Marine Ltd (Keppel) and Shell Eastern Petroleum (Pte) Ltd (Shell) is contributing significantly to the growth of Singapore’s liquefied natural gas (LNG) industry following a stellar 2021, which saw the company, FueLNG, conduct more than 460 LNG-related operations.
Focusing on ship-to-ship (STS), truck-to-ship bunkering, and truck-to-industry operations, the company is the only provider of STS bunkering in the country.
Despite challenges posed by the pandemic, FueLNG has seen Singapore’s LNG ecosystem expand through delivery of LNG solutions for customers.
“We are seeing strong demand for LNG in Singapore for bunkering and other industrial uses,” said Chris Ong, Chairman, FuelLNG, CEO, Keppel.
“FueLNG, with its technical expertise and experience, is well-positioned to capture these opportunities.”
The company was provided with the World LNG Award 2021 for Outstanding Contribution in early December 2021, bolstering its ambition to not only further promote LNG distribution, but stay in line with Keppel’s Vision 2030 to pursue greener energy developments.
Tahir Faruqui, General Manager, Shell Global Downstream LNG, believes that LNG is the first step to decarbonise the shipping sector, in addition to being a useful transition fuel.
“LNG is a fuel in transition as it has the potential to get to net zero emissions through bio-LNG and synthetic LNG (from green hydrogen),” he added.
FueLNG’s truck-to-industry operations includes the provision of LNG to PSA Singapore’s fleet of 160 LNG-powered trucks, which have helped PSA reduce its carbon dioxide equivalent emissions by around 20% compared to traditional fossil fuel.