Under this agreement with Jurong Port, SLNG - Singapore LNG Corporation Pte Ltd will develop the Second LNG Terminal, where the new Floating Storage and Regasification Unit (FSRU) will be berthed for the duration of its service. Onshore infrastructure will connect the FSRU to both onshore pipelines and the Singapore gas network. “Jurong Port has been playing a key role in supporting Singapore’s growth over the years, and we are happy to also play a part in Singapore’s energy security. Our waterfront infrastructure and proximity to the existing gas network will be helpful to support the operation of the Second LNG Terminal,” said our CEO, Mr. Terence Seow. To read more, visit https://lnkd.in/gxgXTz6Z.
Development of Singapore’s Second LNG Terminal has progressed from the planning to the execution phase, with agreements signed separately with Mitsui O.S.K. Lines, Ltd., Jurong Port, and Wood. This was announced at an event today to celebrate this important milestone, which was graced by the Minister for Manpower and Second Minister for Trade and Industry Dr Tan See Leng as the Guest-of-Honour. Our CEO, Wei Hung Leong, shared: “The Second LNG Terminal underscores the continued importance of LNG in Singapore’s energy mix, as well as SLNG’s continual role and responsibility in helping to ensure Singapore’s energy security. As Singapore continues to prosper, this investment in additional capacity will help ensure the nation is able to capture opportunities and remain on a path of growth, while pursuing its energy transition goals. SLNG is very happy to have the support of Jurong Port, and to work with well-established industry leaders like MOL and Wood on this project.” Read more: https://lnkd.in/gyMGKgJH #SLNG #LNG #EnergySecurity Takeshi Hashimoto Energy Market Authority (EMA)