Green Light For LNG Into Singapore

Following an extensive feasibility study, the Singapore Energy Market Authority (EMA) has released a final report regarding the importation of LNG into Singapore which recommends the development of an LNG receiving terminal in Singapore with significant private sector involvement.

In January 2006, the EMA appointed Tokyo Gas Engineering Co Ltd to undertake a feasibility study in relation to importing LNG into Singapore. The final report¹ was issued by the EMA on 7 August. It covers matters such as terminal ownership structure, government involvement, LNG procurement, regulatory framework and technical characteristics of the terminal.

Although the detail of the terminal structure and the LNG supply remains to be fully developed and a consultation process is ongoing,we expect that a bidding process will be launched in Q3 2007 with the issue of a request for proposal (RFP).