Vopak Singapore is exploring the possibility of the expansion of its ammonia storage infrastructure at its Banyan terminal. The company is considering import and export capabilities for low-carbon power generation and bunker fuels.
The expansion, subject to a final investment decision, will add new storage capacity for ammonia to predominantly support the power and maritime sectors. Vopak Singapore has recently completed the conceptual design of the expansion and has started a quantitative risk assessment study.
Rob Boudestijn, managing director at Vopak Terminals Singapore, says: ‘In line with Singapore’s ambition on net-zero carbon emissions, Vopak can leverage on our proven expertise of safely storing ammonia in Banyan. We have the right expertise and are at the right location to facilitate new supply chains for low-carbon ammonia. We do see a strong potential in Singapore that supports the momentum of developing ammonia-ready infrastructure ahead of other locations.’