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Storage & Reload Service

To facilitate the growth of Singapore as an LNG trading hub, SLNG is offering Storage & Reload (“S&R”) Services to interested parties. An S&R customer would be able to berth an LNG vessel at SLNG’s Terminal to unload a quantity of LNG and store it for a period of time, and then reload the LNG onto one or more LNG vessels for delivery to another destination. An S&R customer may use SLNG’s facilities for seasonal or other commercial arrangements, including gassing up and cool-down of LNG vessels, break-bulk, and jetty to jetty transfer (transshipment).

Proposal Guidelines and Requirements

SLNG will be able to provide 180,000 cubic metres of storage capacity on a segregated basis, of which 160,000 cubic metres is for firm LNG storage capacity and 20,000 cubic metres is for non-firm LNG storage capacity, for a term of 12 or 24 months starting from July/August 2018. Interested parties are invited to submit a firm and binding proposal containing a price offer based on the standard terms and conditions within SLNG’s Master Terminal Use Agreement for Storage and Reload Services (“TUA”) (click here for details) and the expected utilisation of storage capacity (i.e. number of unloads/reloads of cargoes required) during the term. SLNG also requests a brief write-up (up to one-page) of your strategy to utilise storage capacity at SLNG in order to facilitate the growth of a trading hub in Singapore.

Submission Guidelines

Please submit your firm proposal via email to SnR@SLNGCorp.com by 15 May 2018, 3 pm Singapore time. The proposal shall be valid for acceptance by SLNG from the date of submission until 30 June 2018. SLNG will treat any proposals received as confidential. SLNG may at any time request additional information, clarification or confirmation with respect to the proposal. The proposal must be in PDF format and password protected. The password must be sent in a separate email to the same email addresses above on 15 May 2018 after 3pm but no later than 4pm Singapore time. SLNG reserves the right to shortlist selected bidders for further discussion. SLNG targets to execute the TUA and Confirmation Memorandum with the selected party by the end of June 2018.

Thank you for your interest in SLNG’s S&R Services and we look forward to receiving your response.