Logical time for change at SNLG

AFTER achieving his goal of getting the earlier-delayed Singapore LNG terminal up and running successfully, Neil McGregor is now thinking of his next personal challenge.

"I'm more an entrepreneurial-type person and setting up the terminal was something I'd earlier committed to," said Mr McGregor, referring to when he took on the SLNG CEO role in 2010, at a time when the project faced delays as the previous developer ran into snags because of the global financial crisis.

Now that the Jurong Island facility is running smoothly and even starting to venture into non-core areas, "my initial goals have been completed, and it's the right time to go", he told BT yesterday, explaining why he was leaving SLNG at this time. This is especially so "now that we are coming into a new phase 3 of SLNG. It's a logical time to have a new leader", he said, referring to SLNG's expansion plan to build a fourth storage tank and associated facilities to boost its regasification capacity to nine million tonnes per annum.