Cablegate: Singapore to Build Liquefied Natural Gas Terminal

VZCZCXYZ0000
PP RUEHWEB

DE RUEHGP #2547 2230246
ZNR UUUUU ZZH
P 110246Z AUG 06
FM AMEMBASSY SINGAPORE
TO RUEHC/SECSTATE WASHDC PRIORITY 0846
INFO RUCPDOC/DEPT OF COMMERCE WASHDC
RHMCSUU/DEPT OF ENERGY WASHINGTON DC

UNCLAS SINGAPORE 002547

SIPDIS

SIPDIS

E.O. 12958: N/A
TAGS: EPET BEXP ECON EINV SN
SUBJECT: SINGAPORE TO BUILD LIQUEFIED NATURAL GAS TERMINAL

REF: SINGAPORE 1916

Minister of Trade and Industry (MTI) Lim Hng Kiang on August
7 announced that Singapore plans to construct what could be
Southeast Asia's first liquefied natural gas (LNG) import
terminal. The LNG terminal will help diversify both the type
and source of Singapore's energy imports. Natural gas from
Malaysian and Indonesian pipelines currently supplies 70-80
percent of Singapore's electricity needs, and thirty percent
of Singaporeans briefly lost power during a 2004 pipeline
service disruption. MTI said that the request-for-proposal
process will begin next year and projected the terminal will
commence operations in 2012.
HERBOLD

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