Petrochina Completes First Biofuel Bunkering Operation In Singapore

Credits: motomoto sc/ Unsplash

PetroChina International (S) Pte Ltd successfully delivered about 500 metric tonnes (mt) of biofuel to oil tanker “New Award” in Port of Singapore, says an article published on Manifoldtimes.

First independent supply

This marked the first independent supply and bunkering of biofuel in PetroChina’s international trading business.

Low-carbon fuels

From 2021, the Port Authority of Singapore has been encouraging suppliers and buyers of bunker fuels to explore the transition to green and low-carbon fuels.

According to media reports, PetroChina, as a major supplier in the local bunkering market, aims to take the lead in deploying its biofuel bunkering business.

International trade businesses

PetroChina International (S) Pte Ltd was registered and established in Singapore in 2004. It is the regional oil and gas operation centre of PetroChina in the Asia-Pacific region. It operates international trade businesses such as crude oil, natural gas and refined oil.

Estimated annual bunker

Manifold Times previously reported Petrochina Singapore recorded 4.2 million mt of estimated annual bunker sales volume for 2022 in Singapore, taking the second position in the top 10 bunker suppliers.

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Source: Manifoldtimes


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