The Republic is expecting to receive her first liquefied natural gas (LNG) terminal in 2013. The receiving terminal, capable of serving 3.5 million tonnes per year, will be built on 30 hectares of reclaimed land in the south-western part of Jurong Island.

The $1 billion project has been awarded to Samsung C&T Corporation for the engineering, procurement and construction (EPC) of the terminal. South Korea’s Samsung holds an outstanding record as an international LNG storage developer evidenced in the recent win for development of Mexico LNG BOO (Build-Own-Operate) project.

In 2006, Singapore decided to diversify its gas supply sources and enhance its energy supply reliability. Thus, there is a need to consolidate the purchase of LNG for the domestic market in order to achieve economies of scale. An LNG terminal was decided and the Singapore LNG Corporation Pte Ltd (SLNG) was formed to develop and own the terminal.

SLNG has awarded BG Group as the LNG Aggregator for a 20-year exclusive contract in the procurement of LNG in capacity of 3 million tonnes per year for the country. SLNG has also appointed Foster Wheeler Asia Pacific to be its project management consultant. An expansion site is also catered for the terminal for another jetty and extra storage tanks.

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