Singapore’s First LNG Terminal Starts Operation

Singapore’s first LNG terminal started commercial operation and received its first cargo, Singapore LNG Corporation said in a statement earlier this week.

The LNG cargo was delivered by BG Group, which was awarded an LNG importer’s licence to import and sell up to 3 Mtpa of LNG. So far, BG has sold about 2.7 Mtpa of LNG.

Construction of the S$1.7b terminal began in 2010, and the first two tanks with regasification facilities are now completed on schedule and within budget, the company said.

The LNG terminal will have an initial throughput capacity of 3.5 million tonnes per annum (Mtpa) with two tanks. This capacity will increase to 6 Mtpa by the end of 2013 when the third tank, additional jetties and regasification facilities are completed.

Plans were announced in October 2012 for a fourth tank and associated regasification facilities to be added to the terminal, to raise its throughput capacity to 9 Mtpa.