Singapore Seeks LNG Floating Storage Operators to Expand Bunkering Ops

The Maritime and Port Authority of Singapore (MPA) has opened applications for licenses to operate up to two liquefied natural gas (LNG) floating storage units (FSUs) in Singapore anchorages, aiming to expand LNG bunkering capacity and strengthen supply resilience.

The initiative follows the award of eight new LNG bunker supplier licences in July 2026 and is intended to diversify LNG storage and reloading options.

Applications are open to existing LNG bunker licensees, which may partner with third-party terminal operators to provide storage and operational expertise.

Most of each unit's storage capacity must be allocated to LNG bunkering, with a minimum portion made available to other LNG bunker suppliers on open-access terms.

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