Before the SLNG Terminal came into being, Singapore’s only options were to import natural gas via pipelines from Malaysia and Indonesia.
The SLNG Terminal is therefore critical to Singapore’s energy security, as it allows the country to import natural gas from just about anywhere in the world.
LNG is currently the most practical option for Singapore in terms of balancing between security of supply, cost effectiveness and environmental friendliness.
LNG has the potential to become a major economic driver for Singapore. Leveraging on its strategic geographic location and excellent economic infrastructure, Singapore can become a major player by facilitating global LNG flow, driving developments in the LNG eco-system and establishing itself as a LNG Hub for the region.