+
Singapore LNG to Add Second LNG Import Terminal via FSRU Charter
OIL & GAS

Singapore LNG to Add Second LNG Import Terminal via FSRU Charter

Singapore LNG Corporation (SLNG) has signed an agreement to charter a floating storage and regasification unit (FSRU) from a subsidiary of Japan’s Mitsui O.S.K. Lines (MOL). This new FSRU will serve as Singapore’s second import terminal for liquefied natural gas (LNG), as the country looks to enhance its LNG infrastructure to meet rising natural gas demand.

The FSRU, which is being built by South Korean shipbuilder Hanwha Ocean, will have a storage capacity of 200,000 cubic meters and a regasification capacity of 5 million tons per annum (mtpa), SLNG said in a statement on Wednesday. The terminal is expected to be operational by the end of the decade.

Currently, Singapore’s only LNG terminal is located on Jurong Island in the western part of the country. It has an annual gas supply capacity of 9 mtpa, with a peak capacity of around 11 mtpa. The new FSRU will be berthed at Jurong Port, and infrastructure will be developed to connect it to onshore pipelines and the national gas pipeline network.

This project marks a significant step in Singapore’s efforts to secure and diversify its natural gas supply. SLNG announced in October last year that it would build and operate a second LNG import terminal to ensure that the country’s entire natural gas demand could be met by LNG. The new terminal is set to play a key role in enhancing energy security and supporting Singapore’s growing energy needs.

Singapore LNG Corporation (SLNG) has signed an agreement to charter a floating storage and regasification unit (FSRU) from a subsidiary of Japan’s Mitsui O.S.K. Lines (MOL). This new FSRU will serve as Singapore’s second import terminal for liquefied natural gas (LNG), as the country looks to enhance its LNG infrastructure to meet rising natural gas demand. The FSRU, which is being built by South Korean shipbuilder Hanwha Ocean, will have a storage capacity of 200,000 cubic meters and a regasification capacity of 5 million tons per annum (mtpa), SLNG said in a statement on Wednesday. The terminal is expected to be operational by the end of the decade. Currently, Singapore’s only LNG terminal is located on Jurong Island in the western part of the country. It has an annual gas supply capacity of 9 mtpa, with a peak capacity of around 11 mtpa. The new FSRU will be berthed at Jurong Port, and infrastructure will be developed to connect it to onshore pipelines and the national gas pipeline network. This project marks a significant step in Singapore’s efforts to secure and diversify its natural gas supply. SLNG announced in October last year that it would build and operate a second LNG import terminal to ensure that the country’s entire natural gas demand could be met by LNG. The new terminal is set to play a key role in enhancing energy security and supporting Singapore’s growing energy needs.

Next Story
Real Estate

DLF Returns to Mumbai with Premium Andheri Residential Project

Delhi-NCR based real estate major DLF announced its return to the Mumbai market on 17 July with the launch of its premium residential project, The WestPark, in Andheri. The first phase includes 416 apartments spread across four towers, with two towers launched on the announcement day. The company plans to invest over Rs 8 billion in the project and expects a topline exceeding Rs 20 billion from Phase 1.“We have launched two towers and, given the strong response, plan to unveil the remaining two towers ahead of schedule, within the next few days,” said Aakash Ohri, Joint Managing Director o..

Next Story
Infrastructure Urban

APCRDA Advances Net Zero Goal with IGBC Training for Officials

In a significant stride towards Andhra Pradesh’s Net Zero target by 2040 and the Swarna Andhra 2047 vision, the Andhra Pradesh Capital Region Development Authority (APCRDA), in partnership with the Indian Green Building Council (IGBC), conducted a high-level capacity-building programme for senior officials in Vijayawada on Friday.Held at a city hotel, the session saw the participation of over 50 senior APCRDA officials, including the Engineer-in-Chief, Chief Engineer (H&B), Director (Planning), Director (Environment), and heads of key departments. The training centred on IGBC’s Green B..

Next Story
Infrastructure Energy

Assam Solar Project Halted as Waaree EPC Contract Is Cancelled

Following the Assam government’s withdrawal from its proposed solar project, the Engineering, Procurement, and Construction (EPC) contract awarded to Waaree Renewable has been suspended. Waaree Group’s EPC division informed the stock exchange of this development through a regulatory filing.The Assam solar project was suspended due to funding challenges, which rendered the initiative unviable for the state government. Waaree Renewable Transmission Limited (RTL) explained that the Government of Assam has withdrawn the project’s funding via the Asian Development Bank (ADB) loan. Consequentl..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?