S'pore LNG study moves closer

S'pore LNG study moves closer

SINGAPORE: An international field of consultants has been shortlisted from the 26 vying to carry out a feasibility study on the use of liquefied natural gas (LNG) for Singapore's power needs, the Energy Market Authority (EMA) said in a report on Tuesday.

Industry sources told The Business Times the next step is likely to be an in-depth review of the remaining tenders, including further clarification of documents.

Singapore is eyeing LNG to help diversify its energy sources. Natural gas is currently piped to power stations from Malaysia and Indonesia, but LNG can be shipped in from any location worldwide.

The shortlist was expected last month, but whittling the bidders down took longer than expected because there were so many. -- DPA