Keppel Imports First LNG Cargo from North America

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Keppel Imports First LNG Cargo from North America

The gas system of Singaporean corporation Keppel Corporation has actually finished the very first import of LNG under Singapore’s Spot Import Policy, which permits as much as 10% of Singapore’s overall long-term acquired gas materials to be imported on an area freight basis.

Keppel Gas, a wholly-owned subsidiary of Keppel Infrastructure Holdings, stated Monday the place freight of 160,000 m3 of liquified gas, which got to Singapore on 10 April 2019, stemmed from a liquefaction job in North America, additionally noting the very first time that Keppel Gas has actually expanded its gas supply profile past Southeast Asia.

The LNG freight will certainly be regasified as feedstock for Keppel’s downstream consumers and also finish individuals, consisting of Keppel Merlimau Cogen, over a constant duration of 1 month, Keppel stated.

Keppel Gas is an importer, carrier and also store of gas in Singapore’s gas market. Its imported gas supply profile consists of long-lasting piped gas and also LNG agreements, and also is supplemented every so often with place LNG import.

“We are pleased to have deepened our collaboration with industry partners across the gas value chain to deliver competitive gas supplies promptly. By tapping the opportunities offered by the spot LNG market, we are able to ride on global trends to support our integrated energy business over the long term,” stated Janice Bong, General Manager (Energy Infrastructure), Keppel Infrastructure.

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