SINGAPORE (Oct 28): Singapore’s GasCo is currently in talks with liquefied natural gas (LNG) suppliers for long-term contracts, its chief executive officer Alan Heng told the Asia Gas Markets Conference on Tuesday.
“We will be operationally ready by Jan 1, 2026,” said Heng.
The company will be ready to start procurements by then, on a spot basis if required, he added.
Meanwhile, supply from the United States will be part of GasCo’s procurement portfolio.
“The US will have supply of about 35% to 40% of global LNG… so invariably, you have to go and secure some US LNG,” said Heng.
“From who, (we) haven’t figured out yet… we will definitely have an element of US LNG in our portfolio.”
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