RI may supply LNG to Singapore<\/p>\n
Indonesia said it is willing to supply liquefied natural gas
\nto Singapore, which is examining the feasibility of setting up a
\nterminal to import the fuel.<\/p>\n
\"If we can reach an agreement, we would be very keen to bring
\nour gas to Singapore,\" said Iin Arifin Takhyan, Indonesia's
\ndirector general of oil and gas, during the OSEA 2004 oil and gas
\nconference in Singapore on Tuesday.<\/p>\n
Natural gas, used to generate 60 percent of Singapore's power,
\nis currently supplied through pipelines from gas fields in
\nMalaysia and Indonesia.<\/p>\n
The Energy Market Authority, Singapore's power regulator, is
\nconsidering ways to diversify the country's gas supply after a
\npower failure blacked out almost a third of Singapore in June.<\/p>\n
Singapore's government last month asked Royal Dutch\/Shell
\nGroup and four other companies to submit proposals for a
\nfeasibility study on the import of LNG.<\/p>\n
The study is expected to start in January next year and be
\ncompleted within 12 months, Vivian Balakrishnan, senior minister
\nof state for trade and industry said in a speech at the
\nconference's opening ceremony.<\/p>\n
\"With such infrastructure, we could import LNG to diversify
\nour gas sources and also have the opportunity to develop a market
\nfor gas trading,\" Balakrishnan said.<\/p>\n
\"We hope to ride on Singapore's experience as an oil hub to
\nestablish a firm foundation to develop Singapore into a hub for
\ngas.\" -- Bloomberg<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/ri-may-supply-lng-to-singapore-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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