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EMA Seeking More LNG Term Importers

Source: 7/9/2020, Location: Asia

The Energy Market Authority (EMA) has issued a Request for Proposal (RFP) to appoint up to two new Liquefied Natural Gas (LNG) term importers for Singapore. Having more LNG term importers in the market will enhance competition and provide more options for gas buyers.

2. Natural gas is one of four switches in Singapore’s Energy Story towards a more reliable, affordable and cleaner energy future. It is expected to be the dominant fuel for Singapore in the near future as we scale up our renewable energy options.

3. Interested parties are invited to submit proposals which will be evaluated based on their ability to provide reliable, secure and competitive supply of LNG to Singapore. Proposals must be submitted by 9 November 2020, 3.00pm (Singapore time).

4. The current LNG term importers are Pavilion Energy Singapore Pte Ltd and Shell Eastern Trading (Pte) Ltd, who were appointed in 2017 via a RFP.

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