Singapore records a significant spike in biofuel sales for September
Singapore sold nearly 3,700 mt/day of bio-bunkers in September, a significant leap from around 2,200 mt/day in August, according to preliminary figures from the port authority.
Changes in Singapore alternative fuel sales between August and September:
- Bio-VLSFO sales up from 55,000 mt to 92,000 mt
- Bio-HSFO sales up from 11,000 mt to 17,000 mt
- Bio-MGO sales down from 700 mt to nil
- Bio-LSMGO sales down from 700 mt to nil
- Bio-ULSFO sales up from nil to 1,700 mt
- LNG sales down from 46,000 mt to 37,000 mt
Singapore's total bio-blended bunker sales surged by 63% in September, reaching 111,000 mt, surpassing the previous highest monthly sales record of 79,000 mt in October last year.
Out of the 111,000 mt sold, approximately 92,000 mt was VLSFO blended with a bio component, typically 24% in Singapore, while around 17,000 mt was HSFO blended with a bio component.
Total biofuel bunker sales for the first nine months of this year totalled 515,000 mt, nearly matching the full-year figure from last year.
Meanwhile, LNG sales dropped by 19% to around 37,000 mt, with daily sales in September averaging about 1,200 mt, down from nearly 1,500 mt/day in August.
Methanol sales were absent for the fourth consecutive month.
By Tuhin Roy
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