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23 Jul 2025

Towngas completes green methanol supply to Golden Island for bunkering trial in Singapore

(23 July 2025) The Hong Kong and China Gas Company Limited (Towngas) has announced the successful completion of its green methanol supply commitment to Singapore-based Golden Island Pte Ltd, delivering 5,000 tonnes of ISCC EU-certified green methanol for bunkering operations in Singapore. This delivery fulfils the supply agreement previously announced between the two companies and showcases Towngas’s operational capabilities in green maritime fuel logistics.

Towngas has delivered 5,000 tonnes of ISCC EU-certified green methanol to Golden Island through Mitsubishi Corporation for bunkering trials in Singapore. The green methanol was transferred to Tianjin Vopak’s storage facility at Tianjin Port before being loaded onto Golden Island’s bunker vessel, Golden Antares. The green methanol delivered by Towngas provides substantial environmental benefits, achieving carbon intensity reduction of more than 75% compared to conventional Very Low Sulphur Fuel Oil (VLSFO).

Mr Sham Man-fai, Chief Operating Officer – Green Fuels & Chemicals at Towngas, commented, “This successful delivery to Golden Island demonstrates our ability to execute our green methanol commitments with precision and reliability, and also validates our strategic investment in green fuel production. We are delighted to see our business gaining significant momentum across the region, and will remain committed to developing low-carbon solutions that support the shipping industry’s decarbonisation journey.”

Mr Tomohiro Yamano, General Manager of the Marine Fuel Department at Golden Island, added, “This loading shall form the cornerstone of our journey to providing low-carbon solutions that align with global targets. We are excited to showcase our commitment to green fuel delivery, and this milestone event is the culmination of the effort and dedication of Towngas and Golden Island. We believe this can create traction in promoting more green methanol deliveries in future.”

Ms Liu Xiaomei, General Manager of Tianjin Vopak, noted, “Tianjin Vopak's support for Towngas in transporting 5,000 tonnes of domestically produced green methanol to Singapore for bunkering marks the gradual enhancement of the Asia-Pacific region’s green fuel supply chain across all segments—production, storage, transportation, and application. Vopak’s green energy business, starting from Tianjin and leveraging the Vopak network, is building an Asia-Pacific green marine fuel supply chain to support the maritime industry’s green and low-carbon transition.”

The delivery highlights the operational capabilities of Towngas’s green methanol production facility in Inner Mongolia, which uses proprietary technology to convert agricultural and forestry waste as well as scrap tyres into green methanol. Towngas maintains its distinction as the first enterprise on the Chinese mainland to produce ISCC EU and ISCC PLUS-certified green methanol.

Apart from expanding its Inner Mongolia facility’s current annual production capacity from 100,000 tonnes to 150,000 tonnes by the end of 2025, Towngas is also partnering with Foran Energy to establish multiple green methanol production bases across China, targeting a combined annual capacity of 1 million tonnes. This successful delivery milestone strengthens Towngas’s partnership with Golden Island and reinforces its reputation as a leading green methanol supplier in Asia’s maritime sector.

- END -


Press photos:

Photos 1 and 2:
 
 
Towngas has delivered 5,000 tonnes of ISCC EU-certified green methanol to Golden Island for bunkering trials in Singapore through Mitsubishi Corporation. The green methanol was loaded onto Golden Island’s bunker vessel, Golden Antares, recently at Tianjin Port.


Photo 3:
 
Towngas delivers its self-produced green methanol to the bunker vessel Golden Antares at Tianjin Vopak’s Tianjin Lingang Vopak terminal and storage facility. Tianjin Vopak possesses 100,000 cubic metres of green methanol storage capacity and two 50,000-tonne liquid chemical terminals, with ISCC EU and ISCC PLUS certifications, capable of supporting 1 million tonnes of annual green methanol storage and transhipment capacity.


Photo 4:
 
Towngas’s green methanol production plant in Inner Mongolia employs proprietary technology to convert agricultural and forestry waste as well as scrap tyres into green methanol. Its annual production capacity will be expanded to 150,000 tonnes by the end of 2025.

 

For media enquiries, please contact:
The Hong Kong and China Gas Company Limited

Ms May Tam
Assistant Corporate Affairs Manager
Tel: 2963 3475 / 9192 0062
Email: tam.may@towngas.com
Mr Julius Chow
Senior Corporate Affairs Officer
Tel: 2963 3471 / 6969 1360
Email: julius.chow@towngas.com

Media Enquiries

For media enquiries, please contact our Corporate Affairs Department.

Corporate Affairs Department

The Hong Kong and China Gas Company Limited
21/F, 363 Java Road North Point, Hong Kong

WhatsApp: (852) 6702 6449
Email: cad@towngas.com