Pavilion Energy and TMFGS enter 10-year LNG bunkering agreement
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by Admin
Pavilion Energy Singapore and Total Marine Fuels Global Solutions (TMFGS) on Friday (20 December) signed a 10-year fully-termed agreement to jointly develop a liquefied natural gas (LNG) bunker supply chain in the port of Singapore.
This agreement follows the Heads of Agreement inked by the two companies in June 2018.
The cooperation includes the shared long-term use of the 12,000-m³ GTT Mark III Flex membrane LNG bunker vessel (LNGBV) newbuild that will allow each party to supply LNG bunker to its respective customers.
“Pavilion Energy is fully committed to leading the maritime industry’s energy transition with LNG as a marine fuel – beginning in Singapore, our home base,” said Frederic H. Barnaud, Group CEO of Pavilion Energy.
“We are very pleased to be working with our strategic partners such as Total, to jointly develop robust LNG bunker logistics and supplies that are readily available for customers in Singapore and beyond.”
“We are very proud that the cooperation between Pavilion Energy and Total is paving the way towards the development of LNG as a marine fuel, especially in Singapore, the largest bunkering hub in the world,” said Jerome Leprince-Ringuet, Managing Director of TMFGS.
“With this agreement, we pursue our ambition to build a comprehensive network of supply for this clean marine fuel. It also underscores our commitment to offer our customers the best available and technologically proven solution to significantly reduce the environmental footprint of maritime transport.”
In May 2019, Pavilion Energy performed Singapore’s first commercial ship-to-ship LNG bunkering operation, which comprised a reload of 2,000 m³ of LNG from a small-scale tanker to a receiving heavy-lift commercial vessel.
Pavilion Energy also chartered its first LNGBV newbuild from Mitsui O.S.K. Lines Ltd (MOL) in February this year, with the vessel currently undergoing construction at Sembcorp Marine's Tuas Boulevard Yard.
The 12,000-m³ LNGBV shared with Pavilion Energy will add to the two LNGBVs already chartered by Total from MOL.
The first, an 18,600-m³ vessel ordered in February 2018 will be positioned in Rotterdam from 2020, and her sister ship ordered in December 2019 will be positioned in Marseilles from 2021.
Related: Singapore: Total and Pavilion Energy commit to LNG bunkering
Related: Pavilion Energy performs Singapore’s first STS LNG bunkering op
Related: Pavilion Energy charters its first LNG bunker tanker from MOL
Related: Singapore: Construction starts for 12,000 cbm LNG bunkering vessel
Related: Total welcomes launch of first large LNG bunkering vessel
Related: Total and CMA CGM enter LNG bunker agreement for Marseille-Fos ops
Photo credit: Total Marine Fuels Global Solutions
Published: 23 December, 2019
