Singapore LNG Corporation Pte Ltd (SLNG) was incorporated in June 2009 to build, own and operate Singapore’s very first open-access, multi-user LNG Terminal. This is a key infrastructure that supports Singapore’s energy diversification strategy and future economic development in the energy sector.
With more than 95% of electricity in Singapore being generated using natural gas, the SLNG Terminal serves to enhance the country’s energy security by enabling natural gas to be shipped to Singapore from anywhere in the world. It also serves as a platform to facilitate the establishment of new LNG-related businesses, thereby contributing to the growth of Singapore’s energy industry and the creation of new job opportunities.
The Terminal began commercial operations in May 2013 with two storage tanks, one jetty and an initial throughput capacity of 3.5 million tonnes per annum (Mtpa). Installation of a third tank, a second jetty and additional regasification facilities to increase the Terminal’s throughput capacity to 6 Mtpa, were completed in early 2014. The next phase of expansion of the Terminal, termed “Phase 3”, is in progress and will see the addition of a fourth tank and facilities to bring the Terminal’s throughput capacity to about 11 Mtpa by 2018.
SLNG’s primary mandate is to provide Throughput Services for the domestic market. Beyond this, SLNG also offers ancillary services such as Vessel Cool-down, Storage & Reload, and LNG Trucking services. SLNG will continuously explore new LNG business opportunities as it pursues its vision to be a world-class LNG terminal operator enabling the growth of the energy market and LNG hub in Singapore.