Skip to content
Back to Guavy Wire
Commodities

Singapore Expands Multi-Fuel Hub with New LNG Licences

Instruments
Oil Natural Gas
Share

The Maritime and Port Authority of Singapore (MPA) is expanding its multi-fuel hub by issuing new licences for liquefied natural gas (LNG) supply. From September 1, 2026, eight companies will be allowed to supply LNG as a marine fuel in Singapore.

The move aims to increase the port's LNG bunkering capacity and support its development as a multi-fuel bunkering hub. The successful applicants are Aramco Trading Singapore, Equatorial Marine Fuel Management Services, ExxonMobil Asia Pacific, PetroChina International (Singapore), Shell Eastern Trading, Sinopec Fuel Oil (Singapore), TotalEnergies Gas & Power Asia (TEGPA)-Sembcorp Fuels (Singapore) Joint Venture, and Vitol Bunkers (S).

The MPA selected the companies based on their supply capabilities, commercial plans, operational experience, and safety standards. The assessment also considered each applicant's ability to monitor and mitigate methane slip, as well as support the supply of methane-based alternatives with lower lifecycle greenhouse gas emissions.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc