The Maritime and Port Authority of Singapore (MPA) has announced the opening of applications for licences to operate up to two liquefied natural gas (LNG) Floating Storage Units (FSUs) within Singapore’s anchorages. This move aims to enhance the country’s LNG bunkering services and strengthen supply resilience.
Following the award of eight new LNG bunker supplier licences in July 2026, the introduction of FSUs is expected to diversify storage and reloading options for LNG. This initiative is part of MPA’s broader strategy to support the growth of LNG bunkering services in Singapore, ensuring a robust and flexible supply chain.
The FSUs will serve as a critical component in Singapore’s LNG infrastructure, providing additional storage capacity and facilitating efficient reloading operations. By expanding the supplier base and storage options, MPA aims to maintain Singapore’s position as a leading LNG bunkering hub.
The application process for these licences is now open, inviting interested parties to contribute to the development of Singapore’s LNG capabilities. This development underscores Singapore’s commitment to enhancing its maritime infrastructure and supporting the global transition to cleaner energy sources.
As the maritime industry continues to evolve, the introduction of FSUs is expected to play a significant role in meeting the growing demand for LNG bunkering services, further solidifying Singapore’s status as a key player in the global LNG market.
