GasHub Inks Strategic MOU with Thailand’s SCAN Inter to Secure Bio-LNG Supply for Singapore

Key Highlights

• GasHubUnited Utility Private Limited (“GasHub”), a subsidiary of H2G Green Limited (SGX:5AI), has signed a non-binding Memorandum of Understanding (MOU) with Thailand’s SCAN Inter Public Company Limited.
• The MOU aims to establish a secure and certified upstream supply chain for Bio-Liquefied Natural Gas (Bio-LNG) into Singapore and Southeast Asia (excluding Thailand).
• The move comes amid a global fuel crisis triggered by the ongoing Iran conflict and surging demand for cleaner fuel alternatives, especially Bio-LNG.
• This strategic partnership directly supports Singapore’s national energy diversification goals, with the potential to impact H2G’s market position and share price due to its relevance to energy transition and sustainability agendas.

Strategic Significance and Potential Share Price Drivers

The MOU with SCAN Inter positions GasHub to become a leading distributor of Bio-LNG in Singapore and the broader Southeast Asia region. GasHub, leveraging its established LNG last-mile delivery network, will integrate next-generation low-carbon fuels into its offerings, targeting major industrial users in aviation, food manufacturing, and engineering sectors. SCAN Inter will supply the Bio-LNG, which GasHub will distribute across Singapore and Southeast Asia (excluding Thailand), subject to a definitive agreement.

The agreement could be price sensitive for H2G shareholders because:

• It aligns with Singapore’s national “Four Switches” strategy for energy transition, supporting low-carbon alternatives and energy security.
• It marks a concrete step towards enabling physical Bio-LNG supply and adoption in Singapore, underpinned by government support and industrial decarbonisation goals.
• The MOU provides supply-side assurance, which enables GasHub to accelerate downstream negotiations with industrial users and ecosystem partners, potentially unlocking new revenue streams.
• With the global fuel crisis and a strong policy push for bio-energy, H2G’s subsidiary is well-positioned to capture emerging market opportunities in sustainable fuels.

Details of the MOU and Value Chain Implications

The 1-year MOU outlines a shared vision for Bio-LNG deployment, technology integration, and regional energy collaboration. SCAN Inter brings upstream production capacity and sustainability certifications, while GasHub provides the regulatory and operational platform for downstream delivery. The partnership lays the groundwork for a reliable, certified, and scalable Bio-LNG supply chain—from verified biomass feedstock and certified liquefaction processes to compliant logistics and end-use integration.

Studies cited by the company indicate that biogas and biomethane supply chains can achieve 51-70% greenhouse gas (GHG) emissions savings compared to midstream natural gas, depending on the feedstock and supply chain boundaries. This positions Bio-LNG as a highly attractive fuel for industrial, marine, and distributed energy applications in Singapore’s decarbonisation drive.

Alignment with Singapore’s National Energy Policy

The partnership is directly aligned with the Energy Market Authority’s “Four Switches” strategy: Solar, Regional Power Grids, Low-Carbon Alternatives, and Natural Gas. Bio-LNG’s drop-in fuel capability supports the nation’s Green Energy Transformation and the Maritime Singapore Decarbonisation Blueprint by replacing fossil fuels in key sectors.

With this upstream supply pathway secured, GasHub is set to engage with stakeholders across Singapore’s energy, manufacturing, and maritime sectors to assess demand and co-develop deployment scenarios, potentially leading to wider market adoption and a stronger competitive edge for H2G.

Company Background

• GasHub – A Singapore-based energy solutions provider and H2G subsidiary, specialising in LNG logistics, industrial decarbonisation, and clean fuel transition, with a proven regulatory and operational track record.
• H2G Green Limited (SGX:5AI) – Focused on sustainable energy solutions, addressing the energy trilemma (affordability, security, and sustainability), and advancing Singapore’s energy transition to net zero.

Contacts

For further enquiries, investors and media can contact:
Tel: (+65) 6741 3939
Email: [email protected]

Disclaimer

This article is for informational purposes only and does not constitute investment advice. The information contained herein is derived from public press releases and company statements. Investors are encouraged to conduct their own due diligence and consult professional advisors before making investment decisions. The Singapore Exchange Securities Trading Limited has not reviewed the content of this article and assumes no responsibility for its accuracy.

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