Singapore's natural gas imports
Among the 13.4 billion cubic meters of natural gas consumed in the country in 2021, 5.1 billion cubic meters came from LNG imports, and 9.1 billion cubic meters were imported via pipelines from Indonesia and Malaysia. LNG was mainly imported from Australia, the United States, Egypt, and Angola. Prior to the onset of LNG imports in 2013, the entire supply of gas was imported via pipelines. Singapore started importing liquefied natural gas in May 2013 to diversify and secure its energy sources. The government has appointed ExxonMobil LNG Asia Pacific, Sembcorp Fuels, Pavilion Energy Singapore, and Shell Eastern Trading as forward importers to import and sell LNG in Singapore.Liquefied natural gas is a form of natural gas that can be transported more easily by ship than by pipeline and can be imported from around the world. Singapore's only LNG terminal, owned by the state-owned Singapore LNG Corporation (SLNG), is located on Jurong Island. In 2018, a fourth LNG storage tank and additional regasification facilities were completed, bringing the terminal's send-out capacity to approximately 11 million tons per year. With the growing demand for LNG in Asia, Singapore aims to become a regional hub and has created an index for spot pricing of LNG.
