17 September 2012

 LNG terminal may turn Singapore into hub

Singapore is poised for a new chapter in energy security, when the liquefied natural gas (LNG) terminal on Jurong Island opens in the second quarter of next year. To begin with, the $1.7 billion terminal will allow Singapore to import LNG from all over the world for domestic use. This is expected to bring down electricity prices.

(The Straits Times, 12 Sep 12)