Singapore has enough LNG supplies for the rest of the year, energy regulator says
By Curtis Williams
HOUSTON, June 3 (Reuters) - Singapore has secured enough liquefied natural gas cargoes to make up for lost supplies from Qatar for the rest of 2026, ensuring it has 100% of the gas it needs, Singapore Energy Market Authority Chief Executive Puah Kok Keong said on Wednesday in Houston.
Replacement cargoes were purchased from Australia, U.S. and African suppliers, Keong told Reuters in an interview.
If the Qatar supply disruption - caused by the U.S.-Israeli war with Iran - ends in the coming months, Singapore has the option to resell the replacement cargoes, Keong said.
Qatar supplies 10% of the natural gas Singapore uses for electricity generation, the equivalent of one cargo per month, Keong said.
Singapore is interested in buying more LNG but will do so from diverse suppliers including the U.S., Australia, Africa and the Middle East to reduce risk, said Keong.
