H2G Green’s (SGX:5AI
) subsidiary, GasHubUnited Utility (GasHub) announced that it has signed a non-binding memorandum of understanding (MOU) on April 22 with SCAN Inter Public Company (SCAN Inter), which is a Thailand-based Bio-LNG producer, in establishing upstream supply chain for bio-liquefied natural gas (Bio-LNG) into Singapore.
According to H2G Green, GasHub has a “strong and proven track record” in LNG distribution, with successful “last-mile” delivery to major industrial users in Singapore, including the aviation, food manufacturing, and engineering sectors.
Under the one-year MOU, both parties will establish a strategic partnership where SCAN Inter will supply Bio-LNG to GasHub for distribution in Singapore and Southeast Asia (excluding Thailand), which is subject to definitive agreement to be negotiated and entered into.
H2G Green highlights that this supply-side assurance enables GasHub to accelerate downstream discussions with industrial users and ecosystem partners, as Singapore signals increasing policy alignment around bio-energy and decarbonisation pathways.
Shares of H2G Green closed flat at 1 cent on April 23.
