AsiaBunkeringEnvironment
Petronas urges Kuala Lumpur to assist local lines in switching to greener fuels
Malaysia’s energy major Petronas has urged the national government to provide incentives to local owners to help switch to cleaner fuels, citing and commending neighbour Singapore’s efforts in this field.
“Singapore has already taken proactive steps towards providing such incentives and financial assistance,” Ahmad Adly Alias, Petronas’s vice president of LNG marketing and trading told reporters at the Green Shipping Conference in Kuala Lumpur.
Singapore has instituted incentives of up to S$2m ($1.46m) to shipping lines to convert to more greener fuel.