Minister for Trade and Industry Chan Chun Sing speaks during the opening of the Singapore International Energy Week at Sands Expo and Convention Centre on Oct 29, 2019. plugged into a regional power grid to trade electricity, Singapore to do its full part to tackle climate change: PM Lee, Singapore will tackle climate change with nature's help, Singapore to develop first virtual power plant to link and coordinate energy resources, Singapore to ramp up solar energy production to power 350,000 homes by 2030, Renewables can help South-east Asia meet climate and growth targets, Climate of Change: Special reports by ST correspondents. To continue reading you must login or register with us. Due to upstream production issues in the West Natuna gas fields that caused a temporary reduction in output, we experienced a prolonged unplanned curtailment between 6 September 2021 to 26 December 2021. The MOU will pave the way for commercial collaborations on these areas of interest and enable both countries to work together on energy transitions while supporting regional decarbonisation. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. The July disruptions were blamed mainly on an unplanned shutdown at the Anoa field and planned maintenance at the Gajah Baru field, both located in Natuna. The industry leader for online information for tax, accounting and finance professionals. There remain challenges in deploying renewable energy in many parts of the world, including intermittency of supply, and difficulties in transporting renewable energy over long distances. It plays the role of a bridging fuel for countries shifting away from more pollutive fossil fuels like coal. Ministry of Trade and Industry14 February 2022, https://sprs.parl.gov.sg/search/sprs3topic?reportid=written-answer-9937, UPDATE ON STATUS OF CPIB INVESTIGATION INTO SINGAPOREANS INVOLVED IN KEPPEL OFFSHORE & MARINE CORRUPTION CASE AND ACTIONS TAKEN, ENHANCING SECURITY OF DIGITAL BANKING FOLLOWING RECENT SCAMS, Latest Parliamentary Questions (By Theme). Natural gas is the cleanest form of fossil fuel and . When compared with diesel, natural gas produces about 30 per cent less carbon dioxide emissions, figures from the US Energy Information Administration show. Natural gas is used mainly for power generation and industrial feedstock. Piped Natural Gas (PNG) is imported into Singapore from South Sumatra and West Natuna in Indonesia and from Malaysia via offshore pipelines. In 2021, the imports of natural gas amounted to approximately about 10.6 thousand metric . Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Asia is endowed with unconventional natural gas resources such as stranded/remote offshore fields and natural gas hydrates (NGH). 4. Discover more about S&P Globals offerings. See the latest speeches given at recent events. You have reached your limit of subscriber-only articles this month. Ms Cheryl Chan Wei Ling: To ask the Minister for Trade and Industry in view of the proposal by the United States to put the natural gas industry 'on notice' (a) whether this may have an impact on Singapores supply of natural gas within the decade; and (b) if so, whether there will be further changes to Singapores energy transition plans by 2050. electricity is currently generated using natural gas, up from just 26 per cent MCI (P) 076/10/2022, MCI (P) 077/10/2022. Natural gas plays a vital role in meeting Singapore's low-carbon energy needs and is supplied via Singapore's efficient gas distribution network. There has been uncertainly around whether expiring contracts will be renewed, changing pricing mechanisms and risks around resource nationalism. "The recent spike in Uniform Singapore Energy Price could be attributed to a number of factors, including higher than usual electricity demand, the outage of several generation units, curtailments of gas from West Natuna, as well as low landing pressure of the gas supplied from South Sumatra," the regulator added. Singapore has been looking to build a second terminal on the country's east coast to diversify its supply sources. Discover Oil refining Petrochemicals & Chemicals Petrochemicals & Chemicals Petrochemicals Chemicals Gas Gas Natural Gas Syngas & H2 Get unlimited access to all stories at $0.99/month for the first 3 months. All quotes delayed a minimum of 15 minutes. Compared with natural gas, hydrogen is considered a cleaner fuel as it produces no planet-warming carbon emissions. The deal, which is worth over S$3 billion, is the second supply contract between Petronas and Singapore power companies. Under the agreement, ENN via a wholly-owned subsidiary ENN LNG (Singapore) Pte Ltd, will now purchase 2 million tonnes per annum (mtpa) of LNG, up 0.5 mtpa from the original agreement, according to a statement by NextDecade dated Tuesday. Singapore's power utilities may have to switch to using LNG due to curtailments in piped gas supplies from Indonesia, the country's energy regulator the Energy Market Authority said in a statement Oct. 15. EMA had previously funded a project to identify and detect anomalies in the gas pipeline network via a system involving a variety sensors and a computer algorithm. Don is a commercial consultant and advisor in liquefied natural gas ("LNG" ) business development, specialising in LNG procurement and small-scale LNG, and the commercial development LNG import terminals, Floating Storage and Regasification Units ("FSRUs" ), LNG-to-power projects, and associated infrastructure.<br><br>Don is also a professional independent company director. The latest assessment report by the Intergovernmental Panel on Climate Change said methane is 28 times more efficient than carbon dioxide at trapping heat on the planet. Singapore's utilities source 95% of the country's electricity from natural gas and its gas supply comes via pipelines from neighboring hydrocarbon exporters Indonesia and Malaysia, and also from seaborne LNG cargoes. Yet, harnessing solar power will not come without challenges, including cost, urban shading and the intermittency of sunshine due to cloud cover, for example. Copyright 2023 SPH Media Limited. application of gas supply for both town gas and natural gas. Access to experts. With the CAGR of X.X%, this market is estimated to reach USD XX mill Below-normal temperatures throughout much of the United States this report . "Gas distribution in September has started to improve, compared to July when there was production disruption, but it hasn't returned to normal as it was at the beginning of this year," Julius Wiratno, deputy of operation at SKK Migas said. Singapore imports natural gas from more than 10 countries and is expected to rely significantly on natural gas over the next 2 decades for power, even as it ramps up renewable energy capacity. It also has the potential to be produced and transported globally through "well-developed supply chains just like oil and LNG", said Ms Low. 1. "This is due to decreasing gas production rate in one of the fields.". In 2019, 95.3% of Singapore's electricity production was from natural gas, and a large quantity of gas is also used to supply the industrial, transportation and city gas sectors. . The Energy Market Authority (EMA) said conventional leak detection methods require intensive human involvement without automation and also rely heavily on customer reports on gas service problems, instead of direct detections. Under the agreement, ENN via a wholly-owned subsidiary ENN LNG (Singapore) Pte Ltd, will now purchase 2 million tonnes per annum . Since these initial arbitrations, attention has also turned to Asia, where the LNG market accounts for 68 per cent . The commodity trading hub's increasing reliance on LNG underscores the commoditization of seaborne gas and its development as a source of energy security for importers. PNG from Indonesia is injected into Singapore's gas network via Sakra Onshore Receiving Facility while PNG from Malaysia is injected via Attap Valley Onshore Receiving Facility. Petronas gas will be used to supply Keppel's 500MW co-generation plant at Jurong Island from the expected first quarter of 2007. Singapore has limited access to renewable energy options such as geothermal or wind power, Mr Chan said during the opening session of Singapore International Energy Week. All rights reserved. of natural gas come from pipelines from Indonesia and Malaysia. Copyright 2023 Ministry of Trade and Industry, France-Singapore Digital and Green Partnership, US-Singapore Partnership for Growth and Innovation, Oral reply to PQs on Singapores economic outlook, Written reply to PQ on Energy Efficiency Grant, Written reply to PQ on stockpiling of key food items, Written reply to PQ on renovation contractors, Written reply to PQs on risk of stagflation, Pro-Enterprise Panel - Submit A Suggestion. Current board . The current contract for piped natural gas via the Grissik-Batam-Singapore Pipeline is due to expire next year. Transmission Network 1, operating at a pressure of 40 barg, receives gas from West Natuna. Singapore has and will continue to diversify our natural gas import sources, to ensure that we safeguard our energy security and resilience. Natural gas is used as raw material to produce fertilizer, chemicals, and hydrogen. Overall, the decline in Southeast Asia's piped gas supply and the shift toward LNG will undermine projects like the Trans-ASEAN gas pipeline and affect the region's gas export surplus, pulling in LNG from other regions. He subsequently published a letter to the Wall Street Journal on 25 April 2022[2], stating that natural gas is central to a smart and achievable policy to cut greenhouse-gas emissions today, and that innovation in technologies to reduce or capture such emissions in the production and use of natural gas is necessary to support global climate goals. Fuel mix for electricity generation in Singapore 2022. about 95% of Singapore's electricity is produced from . All rights reserved. Join ST's Telegram channel and get the latest breaking news delivered to you. You have reached your limit of subscriber-only articles this month. This Handbook on Gas Supply has been prepared by City-OG to assist Consultants, Professional Engineers and Licensed Gas Service Workers in the application of natural gas supply and natural gas connections. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Our Standards: The Thomson Reuters Trust Principles. One source involved in power trading said that Singapore's utilities have been advised to prepare for 1%-5% supply curtailments in the current disruption. The quantum of decrease of PNG supplies is commercially sensitive, as it will affect the PNG importers negotiations for replacement fuel. ; Singapore consumes 80,196 cubic feet of natural gas per capita every year (based on the 2017 population of 5,708,041 people), or 220 cubic feet per . Natural gas and solar energy are two of the four "switches" that Singapore will depend on for its energy needs, Mr Chan said. Singapore LNG Corp told Reuters this week that it is exploring options to increase inventory of LNG at its terminal given tight global LNG supplies. The fuel cost is the cost of imported natural gas, which is tied to oil prices by commercial contracts. More than 95 per cent of Singapore's energy now comes from natural gas, which it imports in liquefied forms from all over the world and through pipes from neighbouring Indonesia and Malaysia. The other is for natural gas that is mainly used for electricity generation and industrial feedstock. , India. See the latest speeches given at recent events. Natural gas will continue to be a dominant fuel for Singapore in the near future as we scale up our other switches. Various offtake stations in Singapores gas network further step-down the gas pressure before supplying natural gas to industrial customers. An Oil and Gas professional with over 14yrs experience and expertise in the shipping, export and importation of crude oil, refined petroleum products and LNG around various markets globally.<br><br>Koyejo holds a BSc(Hons) in Chemical Engineering, an Executive MBA, an Executive Management certificate as well as memberships of several professional and social organisations. This means the use of natural gas can worsen climate change. 2. Singapore, as a city-state with only 700 square kilometers of land, relies on imported energy. As Singapore is exploring the potential of hydrogen to reduce her carbon footprint, importing it and producing it locally via existing natural gas facilities are two available alternatives. There is no certainty that expiring contracts will be renewed. In July 2014, Sembcorp completed its second combined-cycle gas turbine SINGAPORE - Natural gas is a critical element in the global energy transition, so there is a continued need to invest in liquefied natural gas (LNG) infrastructure, said Minister of State for Trade and Industry Low Yen Ling on Tuesday (Oct 26). Job Family Group: Information Technology (IT) Worker Type: Regular. Mr Gan Kim Yong : Singapore imports Piped Natural Gas (PNG) from Malaysia and Indonesia via our PNG importers, Gas Supply Pte Ltd, Keppel Gas Pte Ltd, SembCorp Gas Pte Ltd, and Senoko Energy Pte Ltd. 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singapore natural gas supply