Singapore LNG said its LNG terminal has received its first
commercial cargo and has started commercial operations.
The terminal will enable Singapore to access competitively
priced gas globally, the Ministry of Trade and Industry, Energy
Market Authority (EMA) and Singapore LNG said in a joint
Singapore's LNG terminal will have an initial throughput
capacity of 3.5 MMtpa with two tanks, and will be expanded to 6
MMtpa by the end of 2013 and 9 MMtpa at a later stage.
"We look forward to serving our customers and the nation in
time to come as Singapore grows to become a gas hub for the
region," said Neil McGregor, CEO of Singapore LNG.
noted that Samsung C&T had been a "wonderful partner" on
"Not only were we able to complete this mega-infrastructure
on time to start operations as planned, we did it while
maintaining a world-class safety record, having achieved some
14 million man-hours of work on site without any lost-time
injury," said McGregor.
The initial LNG cargo was delivered by BG Group, which was
awarded an LNG importer's license to import and sell up to 3
MMtpa of LNG. So far, BG has sold about 2.7 MMtpa of LNG.
Additional reporting by Dow Jones