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Singapore to Develop Second LNG Terminal

LNG

Singapore aims to bring a second LNG terminal online by the end of the decade, according to Bloomberg.

  • The terminal will be offshore on an FSRU operated by Singapore LNG and will have a capacity of up to 5m mtpa.
  • Singapore uses gas for 95% of its power generation. The pivot to LNG will provide more flexibility in choosing suppliers compared to pipeline gas.

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