Singapore’s Energy Market Authority (EMA) has issued a request for proposal (RFP) to appoint up to two more term liquefied natural gas importers for the city state.
This will complement the current four term LNG importers to enhance competition and provide more options for gas buyers, noted the EMA.
Natural gas is one of four so-called “Switches” in Singapore’s transition towards a more reliable, affordable and cleaner energy future.
Natural gas is used to produce around 95% of Singapore’s electricity and will continue to be a dominant fuel for the nation’s electricity generation, as the other three Switches — solar, regional power grids and low-carbon alternatives — are being scaled up.
