The Energy Market Authority (EMA) of Singapore has awarded Pavilion Gas and Shell Eastern Trading licences to import the next tranche of LNG for Singapore. The next tranche of imports is expected to commence from 2017 and Pavilion Gas and Shell will each have exclusivity to market up to 1 Mt/year of LNG or for 3 years, whichever is earlier. Interested gas buyers may approach the appointed importers on their gas supply terms. The EMA plans to allow other companies to import and sell non-term contracted LNG cargoes on a case-by-case basis.
BG Singapore was the first company to import LNG in Singapore in 2008; the company is allowed to supply up to 3 Mt/year of LNG or until 2023, whichever is earlier. In 2015, Singapore imported 11.3 bcm of gas, including 2.7 bcm as LNG (the remainder is imported through a gas pipeline from neighbouring Malaysia); the bulk of the gas is used in power generation. Singapore plans to raise LNG imports in the coming years, especially as of the early 2020s, when the pipeline contracts with Malaysian and Indonesia will expire.
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