LNG push for energy security, opportunities

SINGAPORE'S decision, as confirmed by Prime Minister Lee Hsien Loong, to build a second LNG terminal, even as it continues to expand the Singapore LNG (SLNG) facility on Jurong Island bodes well for the Republic, from the standpoint of both energy security and opportunity.

As it is, just 10 months after the arrival here of the first commercial shipment of liquefied natural gas from Equatorial Guinea, SLNG is preparing to embark on its next growth phase. This will take it beyond its primary role as an LNG regasification facility, enabling Singapore to import gas from…