Page 22 - AsianOil Week 40

AsianOil NEWS IN BRIEF AsianOil

SOUTH ASIA Singapore’s first LNG bunkering vessel (LBV), Pavilion, Gasum to develop
FueLNG Bellina. Scheduled to be operational
IndianOil revises fuel prices by end-2020, the vessel will enable FueLNG global LNG bunker supply
to be the first to provide regular ship-to-ship
Indian Oil has reduced the Retail Selling Price LNG bunkering services within the Singapore network
(RSP) of Diesel by Rs 2.93/Litre and Petrol port.
by Rs 0.97/Litre at Delhi during the month of FueLNG will also provide LNG Pavilion Energy and Gasum will collaborate
September 2020. There was a corresponding bunkering from Singapore’s first dedicated to develop a global LNG bunker supply
reduction in other markets during this period. LNG bunkering facility which will be built network for their customers in Singapore
RSP of PDS Kerosene has reduced by Rs by Keppel O&M on its Floating Living Lab and Northern Europe, including Amsterdam,
2.19/Litre at Mumbai with effect from 1st (FLL), with Shell supplying the LNG to the Rotterdam and Antwerp. Under a
October 2020. With this revision, RSP of facility when it becomes operational at the memorandum of understanding (MOU), the
PDS Kerosene has reduced from Rs 25.84/ end of 2021. partners agree to leverage each other’s LNG
Litre in September 2020 to Rs 23.65/Litre The 7,500m3 LBV supports initiatives bunker infrastructure and supply capabilities,
in October 2020 at Mumbai. Cumulative implemented by the Maritime and Port in their respective regions of operations, to
reduction in RSP at Mumbai since 16th Authority of Singapore (MPA) to increase provide global supply points across for their
February’2020 has been Rs 12.73/- Litre. the adoption of LNG as a marine fuel, customers.
There was corresponding reduction in other facilitating the growth of Singapore as a Against the backdrop of a burgeoning
markets during this period. global LNG bunkering hub. industry for LNG as a marine fuel, this
There has been no change in RSP of Designed and built by Keppel O&M, the partnership combines Pavilion Energy’s
Domestic LPG at Delhi and other markets vessel is on track to arrive in Singapore later pioneering LNG bunkering expertise in
across India for the month of October 2020. this year from the Keppel Nantong Shipyard Southeast Asia with Gasum’s experience as
INDIANOIL, October 1, 2020 in China. When operational, the vessel’s a premier LNG bunker solutions provider
first contracts will be to provide ship-to- in North West Europe. As a licensed LNG
ship LNG bunkering to the Shell-chartered importer and bunker supplier for Singapore,
SOUTHEAST ASIA tankers and for one of Hapag Lloyd’s Pavilion Energy has taken several firm steps
container vessels. to invest in and support Singapore’s LNG
FueLNG drives LNG bunkering vessel with Smart Notation. bunker readiness. Gasum has five LNG
The FueLNG Bellina is the world’s first
bunker vessels in operation and several
bunkering infrastructure Equipped with Keppel O&M’s proprietary LNG terminals in the Nordics.
VesselCare solutions, these smart functions
PAVILION ENERGY, October 8, 2020
expansion in Singapore enable remote monitoring and real-time
support of vessel operations. (Please refer to
FueLNG, a joint venture between Keppel Annex A for features of the vessel) OCEANIA
Offshore & Marine Ltd (Keppel O&M) and FUELNG, October 1, 2020
Shell Eastern Petroleum (Pte) Ltd, has named Comet Ridge updates on

Mahalo Gas Hub area

Comet Ridge Limited is pleased to provide an
update on recent activities in the Mahalo Gas
Hub area.
Petroleum Survey Licence (PSL) 2048
has been issued to Comet Ridge over a
wide area of 1962 km2 for a period of
two years. This area covers a large part of
the Mahalo Gas Hub area, importantly
including the export route to the south
where there are two existing large diameter
pipelines running into Gladstone (Jemena
Queensland Gas Pipeline for domestic gas
and Santos GLNG pipeline for export gas).
Comet Ridge Managing Director, Tor
McCaul said that although he believes
the logical way to develop the Mahalo
Gas Hub area is with tolled third-party
common facilities, it is still important
for Comet Ridge to have access to this
entire area, to form its own views on
pipeline routes and plant and gathering
station locations. Comet Ridge has
built a material position in the area,
and subsequently infrastructure in

P22 www. NEWSBASE .com Week 40 08•October•2020