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Towngas supplies green methanol to Singapore shipping operation
Firm’s Inner Mongolia methanol production plant converts biomass, municipal waste into fuel
The Asset   3 Apr 2025

The Hong Kong and China Gas Company ( Towngas ), a provider of ISCC-certified green methanol, has announced that Singapore-based bunker supplier Golden Island will be procuring Towngas’s green methanol for its bunkering operations in Singapore, marking a significant expansion of Towngas’s green methanol supply network across Asia.

Under this supply arrangement, Towngas will provide ISCC EU and ISCC Plus-certified green methanol to Golden Island’s new Singapore-flagged bunker tanker, Golden Antares. The vessel is scheduled to depart a Chinese shipyard by late April and will lift the green methanol produced by Towngas before returning to Singapore to begin bunkering trials in July 2025.

Golden Antares, equipped with mass flowmeters and a 6,500-tonne carrying capacity for methanol, will transport the cargo to a Singapore-operated terminal prior to conducting bunkering operations in compliance with Singapore’s recently published Technical Reference 129 on Methanol Bunkering, providing a comprehensive framework for the safe and efficient use of methanol as an alternative marine fuel.

Towngas’s methanol production plant in Ordos, Inner Mongolia, uses proprietary technology to convert biomass and municipal waste into green methanol and was the first enterprise on the Chinese mainland to produce ISCC EU and ISCC plus-certified green methanol. The facility’s annual production capacity, currently at 100,000 tonnes, is expected to increase to 150,000 tonnes by the end of 2025.

 “The growing interest from clients worldwide in adopting our certified green methanol validates our strategic investment in this sustainable fuel,” says Sham Man-fai, Towngas’ chief operation officer for green fuels and chemicals. “Supplying green methanol to customers like Golden Island aligns perfectly with our commitment to developing low-carbon solutions that support the shipping industry’s decarbonization journey.

“With our new cooperation plan with Foran Energy Group, we will soon expand our capacity to serve major ports in South China and the Greater Bay Area, including Hong Kong, Guangzhou and Shenzhen, further strengthening our position as a leading green methanol supplier in Asia’s maritime sector.”