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BG Group has been appointed as the aggregator of LNG demand for the Singapore market and runs its Asia-Pacific activities from here.
LNG
In 2008, the Energy Market Authority (EMA) of Singapore appointed BG Group as the aggregator of LNG demand for the Singapore market. BG Group will be responsible for supplying up to 3 mtpa of LNG for up to 20 years. Initial deliveries are expected to begin in 2013 upon completion of the LNG import terminal, which will be located on Jurong Island in Singapore. BG Group and the EMA signed the Aggregator Agreement in 2009.
Commencing in March 2010, BG Group has signed gas sales contracts with a variety of customers in Singapore, including six large scale power generation companies. The total gas sold by July 2011 was approximately 2.3 mtpa for up to 20 years.
BG Group will source LNG supply for Singapore from its large, growing and diversified flexible portfolio. It is envisaged that BG Group’s proposed QCLNG facility in Australia will serve as one of the sources of supply for Singapore.
For information about BG Singapore Gas Marketing please visit: