Gas Prices • Singapore Needs To Further Diversify Its Energy Sources
The Straits Times|October 19, 2021
The current gas supply crunch happening worldwide has unfortunately laid bare Singapore’s vulnerability to energy price shocks (Consumers face surge in power bills, Oct 17).
Tan Yee Kiat
Gas Prices • Singapore Needs To Further Diversify Its Energy Sources

Natural gas, whether the piped natural gas from our neighbours or from the liquefied natural gas (LNG) imported through the nation’s LNG terminal, forms 95 per cent of our power generation needs.

The recent gas price hikes have shown that this huge dependency on natural gas has its risks.

The terminal conceptually enabled us to be less dependent on the piped natural gas supply from our neighbours for power generation, but it remains the only one differentiated energy supply source.

This story is from the October 19, 2021 edition of The Straits Times.

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This story is from the October 19, 2021 edition of The Straits Times.

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