In a deal that reverberated with repercussions, the tiny city of Singapore has made bare its energy independence drive. Two of the stellar names in the world of energy production, Pavilion Energy and Total Marine Fuels Solution (TMFS), have inked a deal to develop the city’s LNG bunkering expertise. Whichever way one looks at it, there is now no stopping Singapore’s astutely, calibrated moves to be Asia’s premier bunkering hub.
Pavilion Energy, a subsidiary of Singapore’s state-owned company Temasek, and Total Marine Fuels Global Solutions have together signed a 10-year deal to help develop LNG bunkering in Singapore.
The agreement is binding, and follows an earlier non-binding deal signed in June 2018.
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