Development of a second liquefied natural gas (LNG) facility in Singapore will soon begin, with operator Singapore LNG Corporation (SLNG) inking agreements enabling the project to advance to the execution phase.
The move cements the growing use of LNG, or shipped natural gas as opposed to piped natural gas, in Singapore, amid rising demand for electricity to power new homes and support evolving business needs, and facilitates the Republic's push to harness cleaner sources of energy.
At an event to launch the project at the Sands Expo and Convention Centre on Oct 23, SLNG announced agreements with Mitsui O.S.K. Lines (MOL), Jurong Port and engineering company Wood to advance development of the facility.
It will charter from MOL a floating storage and regasification unit (FSRU), which is a type of ship that enables the transport and storage of LNG in tanks on board, as well as the conversion of LNG back into gas that is then piped back onshore.
The FSRU, which will function as SLNG's second LNG terminal, will be constructed by South Korean shipbuilder Hanwha Ocean for an undisclosed amount. It is expected to be operational by the end of the decade.
Together with SLNG's existing terminal on Jurong Island, the FSRU will increase its combined LNG regasification capacity from 10 million tonnes to 15 million tonnes on a yearly basis, the company said.
This story is from the October 24, 2024 edition of The Straits Times.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the October 24, 2024 edition of The Straits Times.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Japan's True Blue Tradition
Call it an antidote to fast fashion. Japanese jeans hand-dyed with natural indigo and weaved on a clackety vintage loom, then sold at a premium to global denim connoisseurs.
6 easy dishes to pack for lunch
Nutritionists and food content creators suggest these healthy and convenient recipes
Don't cross Culinary Class Wars star Anh Sung-jae of three-Michelin-starred Mosu
On an early episode of Netflix's hit reality cooking show Culinary Class Wars (2024), chef Anh Sung-jae stood in a warehouse filled with makeshift cooking stations and considered the plate in front of him: a rainbow palette of handmade pastas, purees and delicately cooked seafood. On top was a smattering of flower petals.
Emerald Hill to make Netflix debut
Emerald Hill looks set to be the must-watch local blockbuster series of 2025.
Refreshed museums in SG60 arts
A timely slate of refreshed spaces and new programmes at Singapore's arts and cultural institutions will be launched in 2025, wooing audiences with a different Singapore story as the nation gears up to mark 60 years of independence.
Going casual to woo fickle diners
Serious artwork on the wall. Bespoke crockery on cloth-covered tables. A fine wine list. Eye-watering menu prices. Just don't call it a fine-dining restaurant.
Smartwatches Make Healthcare Smarter
From tracking heart rate to steps taken to sleep quality, smartwatches and fitness trackers can generate biometric data about the people using them.
Quality, not quantity, rules the superhero game
In 2025, the big studios are rolling up their sleeves to tackle a disease plaguing the box office – superhero fatigue.
Big-name musicals to hit the stage
Soothing melodies and soaring high notes are set to fill the air, as the coming year brings along a host of musicals to the Lion City.
Celebrating design with SG60, new hotels and theme parks
Architecture and urban design take centre stage in 2025, with marquee events such as a year-long celebration of Singapore's 60th year of independence (SG60) and launches of Sentosa attractions to enhance the destination's \"islander allure\".
