Singapore’s LNG terminal starts operations [News]

May 7, 2013 by  
Filed under News

By TODAY, 7 May 2013.

The Republic’s Liquefied Natural Gas (LNG) terminal received its first commercial cargo and commences commercial operations this morning, marking a significant milestone for Singapore’s energy sector.

The LNG Terminal is a key infrastructure that supports Singapore’s energy diversification strategy. It allows Singapore to import natural gas from around the world, thus enhancing its energy security and meeting future energy demand.

The Trade and Industry Ministry says the terminal will enable Singapore to access competitively priced gas globally, bringing benefits to consumers and unlocking opportunities for businesses.

Mr S Iswaran, Minister in the Prime Minister’s Office and Second Minister for Home Affairs and Trade & Industry, witnessed the arrival of the first commercial cargo at the LNG Terminal this morning.

“Energy diversification is an important part of Singapore’s strategy for energy security and resilience,” said Mr Iswaran.

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Source: TODAY

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