SUBSCRIBERS

Singapore LNG Corp eyes bunkering, storage and expansion to fuel growth

Demand for liquefied natural gas is increasing as world transitions towards using cleaner fuels

Benjamin Cher
Published Tue, Sep 24, 2024 · 05:00 AM
    • The challenge now is in meeting demand ahead of the curve, says Leong Wei Hung, CEO of SLNG.
    • The challenge now is in meeting demand ahead of the curve, says Leong Wei Hung, CEO of SLNG. PHOTO: SLNG

    DEMAND for liquefied natural gas (LNG) in Singapore has grown at a speed that few in the energy industry have seen.

    For instance, LNG demand for bunkering has trebled in the last seven months, compared with the year before.

    “We are getting a lot more inquiries asking for more slots on the jetty,” Leong Wei Hung, Singapore LNG Corp (SLNG) chief executive officer, told The Business Times.

    Copyright SPH Media. All rights reserved.