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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code