Pavilion Energy, ExxonMobil Join on Singapore LNG Bunkering
Pavilion Energy Pte Ltd (Pavilion) and Exxon Mobil Corp. (ExxonMobil) will work together to develop liquefied natural gas (LNG) bunkering in Singapore, as well as other downstream projects, reports the Straits Times.
Both companies will also look at developing other downstream projects here, said Pavilion Energy chief executive Seah Moon Ming. The downstream sector typically refers to the processing and selling, or distribution of gas.
Seah said that the collaboration is aimed at establishing and fine-turning LNG bunkering procedures, starting with truck-to-ship deliveries.
"This initiative will also help test and improve the safety and operational standards for LNG bunkering in Singapore," he said, adding that Pavilion Energy hopes to collaborate with more industry partners to "build a flourishing LNG bunkering ecosystem in Singapore and the region".
Earlier, Pavilion Energy and a joint venture between Keppel Offshore & Marine and Shell were awarded LNG bunkering licences by the Maritime and Port Authority of Singapore. Singapore plans to roll out LNG bunkering from 2017.
Singapore is the world’s largest bunkering port by sales volumes and the government also has ambitions of developing the city-state into a regional LNG hub.