Singapore’s Keppel Corporation mentioned Thursday it has entered into an settlement with Royal Dutch Shell to kind a three way partnership firm, which can set up a liquefied pure gasoline bunkering enterprise in Singapore.

Keppel and Shell will every maintain a 50% stake within the new firm.

The three way partnership’s principal enterprise actions might be to produce LNG bunkering operations providers in Singapore to ships and every other marine vessels within the Singapore port and different associated providers.

The three way partnership is the most recent in Shell’s push to ascertain as LNG as a viable marine gas.

In February, Qatargas and Royal Dutch Shell signed a memorandum of understanding to develop LNG bunker gas to be used by the world’s largest container delivery firm, Maersk Line. In April, United Arab Shipping signed an analogous settlement with Shell and Qatargas geared toward exploring the event of LNG as a marine gas within the Middle East area.

The deal additionally comes as Singapore seeks to cement its place because the main LNG bunkering hub in Asia. Last September, the Port of Singapore launched a LNG Bunkering Pilot Programme (LBPP) focused for early 2017, in addition to a $8.4 million fund for the constructing of LNG-fueled vessels. 

In January, BG Group and Keppel Offshore & Marine, a unit of Keppel Corp., secured a license to produce LNG bunkers to vessels within the Singapore. With the license, BG Group and Keppel would kind a 50-50 three way partnership to ship an end-to-end bunkering resolution utilizing LNG sourced from BG Group’s LNG portfolio