ExxonMobil and Pavilion Energy Pte Ltd are collaborating to develop solutions for liquefied natural gas (LNG) bunkering and other downstream developments in Singapore. With LNG growing in significance as part of the marine fuel mix, ExxonMobil is working toward providing vessel operators with access to a range of fuel options to suit their specific requirements, while helping them to comply with emission regulations.
ExxonMobil brings to this partnership strengths in LNG shipping and terminal operations. ExxonMobil will support Pavilion Energy in establishing LNG bunkering procedures starting with truck to ship deliveries, as well as the safety and operational standards for LNG bunkering in Singapore. This cooperation supports the LNG bunkering initiative of the Maritime Port Authority of Singapore.
ExxonMobil’s “The Outlook for Energy: A View to 2040” report forecasts that LNG will be a growing part of the bunkering fuel mix, supplementing rather than replacing the current fuels line-up.
“The collaboration with Pavilion Energy combines both companies’ expertise, and is one of the steps we are taking toward establishing ExxonMobil’s global LNG bunkering offer,” said Nancy Carlson, vice president of aviation and marine at ExxonMobil Fuels and Lubricants.
“Our 40-year heritage in LNG and marine insights, alongside Pavilion Energy’s dedicated approach, can help us to meet our vessel operators’ growing demand for integrated marine fuel solutions. ExxonMobil is committed to ensuring that we continue to meet our customers’ requirements,” she added.
The collaboration between ExxonMobil and Pavilion Energy marks a significant development in the provision of LNG as a marine fuel at the onset of a period of substantial market change. The IMO 0.5 percent sulphur global cap implementation will reshape the marine fuels landscape and is likely to boost demand for LNG and compliant low-sulphur fuel options.
Source: ExxonMobilPrevious Next