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SLNG mulls fifth tank as LNG trade turns more liquid

Move comes amid surges following high demand from China and fresh push for more supply projects

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SLNG now owns and operates four storage tanks with total capacity of 800,000 cubic metres. Its terminal on Jurong Island is the first open-access, multi-user facility of its kind in Singapore, designed to back a developing LNG trading hub here.

Singapore

SINGAPORE LNG Corp (SLNG) plans to sound out the market on the demand for a fifth storage tank at its terminal on Jurong Island.

The move is coming on the back of surges in LNG trading activity, mainly backed by China's enormous appetite for the cleaner burning fossil...

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