Singapore MPA Opens Licences for up to Two LNG Floating Storage Units

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Singapore MPA Opens Licences for up to Two LNG Floating Storage Units

Updated on Nov 12, 2026, 09:10 PM IST
Written & Edited by Harikesh VA

The Maritime and Port Authority of Singapore (MPA) has opened applications for licenses to operate up to two liquefied natural gas (LNG) Floating Storage Units (FSUs) in Singapore anchorages.

 

The move is intended to support the continued growth of LNG bunkering services in Singapore and to strengthen supply resilience.

 

MPA Seeks FSUs to Expand LNG Bunkering Infrastructure

The call for applications follows MPA's award of eight new LNG bunker supplier licenses in July 2026.

 

According to MPA, the FSUs will complement the expanded supplier base by diversifying LNG storage and reloading options.

 

 

Key Licensing Requirements

Applications are open to existing LNG bunker licensees, who may partner third-party terminal operators to provide the necessary storage and operational expertise. Under the licensing framework, most of the FSU's storage capacity must be allocated for LNG bunkering, and there will be a minimum requirement for capacity that must be made available to other LNG bunker suppliers on open-access terms.

Applicants must own or charter at least one FSU with a minimum storage capacity of 130,000 cubic metres, registered with the Singapore Registry of Ships. FSU operators must comply with MPA's safety and operational requirements and must also disclose to MPA the intended maximum fees chargeable for LNG reloading services. Each licence will be valid for five years.

 

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Support for Lower-Emission LNG Alternatives

To support international shipping's decarbonisation efforts, the FSUs must also be certified under the International Sustainability and Carbon Certification European Union (ISCC-EU) framework to handle bio-LNG and e-LNG. According to MPA, the certification will enable the infrastructure to support the supply of these lower-emission LNG alternatives as they become more widely available.

The ISCC-EU certification framework has been developed based on the EU's Renewable Energy Directive. Certification under the ISCC-EU framework means a product meets a recognised international system that verifies it is sustainably sourced, properly tracked through the supply chain, and delivers real emissions reductions.

Application Process and Key Dates

MPA will conduct a briefing on 4 December 2026 for companies keen to apply for the FSU licences.

 

Details of the briefing, licensing requirements, and the application process are available on their website.

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