Astomos and KPC will study LPG as a bunker fuel. File Image / Pixabay
Astomos Energy Corporation (Astomos) today announced that it has agreed with Kuwait Petroleum Corporation (KPC) to conclude a Memorandum of Understanding (MoU) for further study of liquefied petroleum gas (LPG) as bunker fuel.
"LPG bunkering concept was shaped as one of the solutions for the approaching SOx regulation for shipping fuels in 2020," explained Astomos.
"This MoU was settled to enhance further cooperation for Astomos and KPC to share and research information for further collaboration in the fields of consideration of LPG fueled vessels, organising global supply sites for LPG bunkering and many other fields relating to LPG bunkering."
This MoU was settled to enhance further cooperation for Astomos and KPC
The new agreement is expected to strengthen the companies' relationship, contributing to the expansion into new business areas.
Last month, Astomos announced that it had also signed a MoU with Australian LPG marketer and distributor Elgas Limited (Elgas) for the study of LPG as marine fuel.
In March, Astomos said it was intending to work with Japan's other top LPG importers, possibly within the next year, to explore the feasibility of establishing LPG bunkering ahead of the 2020 implementation of a 0.50 percent cap on sulfur in marine fuel.