Singapore opens applications for LNG floating storage unit licences to support bunkering

The Maritime and Port Authority of Singapore (MPA) on Thursday (12 November) has opened applications for licences to operate up to two liquefied natural gas (LNG) Floating Storage Units (FSUs) in Singapore anchorages.

The call for applications follows MPA’s award of eight new LNG bunker supplier licences in July 20261. To support the continued growth of LNG bunkering services in Singapore and strengthen supply resilience, the FSUs will complement the expanded supplier base by diversifying LNG storage and reloading options.

Applications are open to existing LNG bunker licensees, who may partner third party terminal operators to provide the necessary storage and operational expertise.

Most of the FSU’s storage capacity must be allocated for LNG bunkering and there will be a minimum requirement for capacity that must be made available to other LNG bunker suppliers on open-access terms.

This story was originally published by Manifold Times. Read the full story at Manifold Times →