SLNG awards FEED for LNG terminal expansion
Singapore LNG Corporation Pte Ltd (SLNG) has awarded a FEED contract to WorleyParsons Pte Ltd to define the scope of the expansion of its LNG Terminal send-out and storage capacities.
The proposed expansion will enhance Singapore’s energy security by allowing further diversification of fuel sources. The additional capacity will also allow Singapore to respond to new opportunities in global LNG markets.
The expansion plans include the installation of additional facilities to increase the Terminal’s capacity from its current 6 million tpy throughput to a new annual capacity of 9 million tpy, and the construction of a fourth tank.
“The project officially kicked off on 29 October 2012 and is expected to be completed by early Q2 2013. The final investment decision for the construction of the fourth LNG storage tank and its associated facilities will be made after that,” explains Mr Neil McGregor, Chief Executive Officer of SLNG.
Adapted from press release by Peter Farrell.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/12112012/slng-awards-feed-for-terminal-expansion_201/
You might also like
IEEFA: Tidal wave of new LNG supply to flood market amid demand uncertainty
Sluggish demand growth for LNG, combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis.