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Singapore has enough LNG supplies for the rest of the year, energy regulator says
๐Ÿ‡ธ๐Ÿ‡ฌ Singapore /Energy & Infrastructure

Singapore has enough LNG supplies for the rest of the year, energy regulator says

From CNA · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Singapore has secured enough liquefied natural gas (LNG) to cover its needs for the rest of 2026, replacing disrupted supplies from Qatar.
  • The energy regulator purchased replacement cargoes from Australia, the US, and African suppliers, with the option to resell them if Qatar's supply resumes.
  • Singapore aims to diversify its LNG sources to reduce risk, seeking additional supplies from various global partners.

Singapore has secured sufficient liquefied natural gas (LNG) supplies to meet its energy needs for the remainder of 2026, ensuring energy security despite disruptions from Qatar. Puah Kok Keong, Chief Executive of the Singapore Energy Market Authority, announced on Wednesday that replacement cargoes have been procured from Australia, the United States, and African suppliers.

Singapore has secured enough liquefied natural gas cargoes to make up for lost supplies from Qatar for the rest of 2026, ensuring it has 100 per cent of the gas it needs.

โ€” Puah Kok KeongSingapore Energy Market Authority Chief Executive Puah Kok Keong announced the country's energy security in Houston.

These new acquisitions will compensate for the loss of supplies from Qatar, which accounts for 10% of Singapore's natural gas used for electricity generation, equivalent to one cargo per month. Keong indicated that if the disruption in Qatar's supply, attributed to the US-Israeli conflict with Iran, concludes in the coming months, Singapore retains the option to resell the replacement cargoes.

Replacement cargoes were purchased from Australia, US and African suppliers.

โ€” Puah Kok KeongPuah Kok Keong explained the source of the replacement LNG cargoes.

Looking ahead, Singapore plans to increase its LNG purchases but will prioritize diversification. The nation intends to source gas from a variety of suppliers, including the US, Australia, Africa, and the Middle East, to mitigate future risks and ensure a stable energy supply.

If the Qatar supply disruption - caused by the US-Israeli war with Iran - ends in the coming months, Singapore has the option to resell the replacement cargoes.

โ€” Puah Kok KeongPuah Kok Keong discussed contingency plans for the secured LNG.
DistantNews Editorial

Originally published by CNA. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.