LNG terminal to be operational by Q2 2013 [News]
By Kristie Neo, Channel NewsAsia, 20 Dec 2012.
Singapore will be powered by liquefied natural gas (LNG) by the second quarter of next year, to diversify energy sources, when Singapore’s S$1.7 billion terminal is ready to begin operations.
Currently, 80 per cent of Singapore’s electricity is generated from piped gas by Malaysia and Indonesia.
The first tranche of LNG is expected to arrive at its new terminal in Jurong Island in the second quarter of next year.
S Iswaran, second minister for trade and industry said: “We are always trying to strike a balance between three key considerations. One is energy supply resilience, second is in terms of our economic competitiveness and third is environmental sustainability. These are the key elements that we want to point together and achieve an equilibrium in, and is part of our energy strategy for Singapore.
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Source: Channel NewsAsia