ExxonMobil LNG Asia Pacific (EMLAP), a registered business name of ExxonMobil Asia Pacific Pte Ltd, has been awarded a license to import and sell liquefied natural gas by the Energy Market Authority.
“This award builds on our active and growing presence in Singapore,” said Frank Kretschmer, President, ExxonMobil LNG Asia Pacific. “We look forward to further strengthening our relationships with our customers with reliable and competitively-priced LNG supply.”
Over the coming decades, natural gas is expected to play an increasingly important role in meeting demand for cleaner fuel, meeting society’s needs in the critical areas of power generation and transportation. With over 40 years of global leadership experience in LNG, ExxonMobil is active across the LNG and natural gas value chain in most major markets.
Singapore is a hub for ExxonMobil’s LNG activities including trading, and the management of LNG cargo logistics and operations. In addition, EMLAP handles the marketing of ExxonMobil’s equity LNG. ExxonMobil also has its market development team based in Singapore.
“Over the last six years, ExxonMobil has harnessed the advantages Singapore offers, to grow its LNG activities here,” said Geraldine Chin, Chairman and Managing Director, ExxonMobil Asia Pacific Pte Ltd. “LNG hub activities have created new opportunities for marketing, trading, optimization and logistics.”