French energy giant Total’s marine division has agreed a deal for the supply of liquid natural gas fuel storage in Singapore.
Under the Memorandum of Understanding (MoU) Pabvilion Energy, will supply LNG as a bunker fuel to Total Marine Fuels Global Solutions, the affiliate in charge of bunkering activities in the region.
The MOU was signed by Patrick Pouyanné, chairman and chief executive officer (CEO) of Total, and Seah Moon Ming, CEO of Pavilion Energy and Pavilion Gas, on the sidelines of GASTECH 2017 in Tokyo, Japan.
Pouyanné said: “Our mission is to offer global and compliant solutions to our customers to meet the 2020 Global Cap requirements.
“Total has a long-established bunker activity and is also a strong worldwide LNG player, thus providing the required conditions to position the Group in the emerging LNG bunker market, where our ambition is to become a key player.
“In this context, developing a competitive worldwide LNG bunkering network will be key for the industry; securing access in the main hubs, such as Singapore, is part of our strategy. The MoU signed with Pavilion Gas is a real opportunity for Total to make further inroads in this promising new market.”
Ming added: “Pavilion Energy views LNG bunkering as a future driver for LNG demand growth and welcomes this MOU with Total.
“Our role as an LNG bunker supplier is reinforced by the appointment of Pavilion Gas as an LNG importer in Singapore.
“The supply of LNG by Pavilion Gas as a bunker fuel in the port of Singapore supports Singapore’s position as a leading bunkering port, and contributes towards establishing a global LNG bunkering ecosystem. Pavilion Energy is pleased to collaborate with industry partners to build a robust LNG bunkering hub in Singapore and the region.”
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