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Singapores Oil and Natural Gas Pipelines
- By Oil and Gas Author
- Published 08/30/2006
- Petroleum Pipeline , Offshore Drilling , Oil and Natural Gas Prices , Oil Gas Companies , Liquefied Natural Gas LNG , Exploration and Discoveries , Natural Gas Petroleum , Crude Oil Petroleum
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Oil and Gas Author
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View all articles by Oil and Gas AuthorSingapore is currently studying the viability of building a liquefied Natural Gas (LNG) import terminal, thereby freeing itself from dependence on neighboring states for its natural gas supply. Currently all of Singapores piped natural gas imports come from Indonesia and Malaysia. The government set aside land for the terminal in September 1999 at Tuas View, but the project was stalled for several years because the estimated $500 million cost of the terminal was thought to make LNG more expensive than piped gas. The project has been revived over the past two years following rising Oil prices and the natural gas disruptions in 2003 and 2004 that led to power outages. In February 2005, Singapores Energy Market Authority (EMA) awarded a $300,000 year-long feasibility study to Tokyo Gas Engineering (TGE) to advise the Singaporean government on the project. The results of the study have yet to be released. If approved, the project would be Southeast Asias first LNG import terminal.
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