Astomos Energy signed another memorandum of understanding for the study of liquefied petroleum gas (LPG) as a bunker fuel.

Astomos, one of the largest buyers of global LPG, said it and Kuwait Petroleum will collaborate on research information related to the use of LPG in shipping.

"This MOU made stronger a partnership for the two companies and will contribute to expansion of new business fields," Astomos said in a statement.