KUALA LUMPUR — Sept. 12, 2019: Petronas is hoping that the government will provide incentives to support the utilisation of cleaner fuels in the maritime industry, as has been done in Singapore.
The island republic gives an incentive of up to S$2 million (S$1=RM3.03) to industrial players to convert to more greener fuel.
The national petroleum company’s vice-president (LNG marketing and trading) Ahmad Adly Alias would also like port authorities and operators to work together to facilitate the use of cleaner fuel and facilities by offering a special tariff and utilisation of liquefied natural gas powered tugs and vehicles as per the Green Port Policy Agenda.
Under the policy, Malaysia is committed to reducing its carbon emissions level by 40 per cent by 2020.
Adly spoke to reporters at the Green Shipping Conference organised in collaboration with the World Maritime Week Malaysia here today.
“We strive to provide compliant fuels to the industry through a special project which aims to make available such fuels as ultra low sulphur fuel oil, very low sulphur fuel oil and low sulphur marine gas oil.
“This is made possible by an enhancement to our existing storage infrastructure in Tanjung Bin Johor, and at Port Klang,” Adly said.
Petronas has indicated it is ready to provide commercial LNG bunkering services by January next year in line with the government’s ambition towards making Malaysia a bunkering hub.
It achieved its first milestone in carrying out a reload operation into the world’s largest LNG bunker vessel (LBV), Kairos, on October 27 last year, demonstrating its readiness to support the reloading of LNG for bunkering activities.
Bunkering refers to the supply of fuel for use by ships, and includes the shipboard logistics of loading fuel and distributing it among available bunker tanks.
In collaboration amongst Petronas subsidiaries and through its shipping arm, MISC Berhad and Avenir LNG Ltd, Petronas is chartering a 7,500 cbm LNG bunkering vessel.
It will be the first to operate in the region , bringing Petronas closer to realising its LNG bunkering aspirations. — Bernama