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Singapore Launches First LNG Term Supply Tender, Weighs Third Import Terminal

Singapore launched its first LNG term supply tender and is weighing a third import terminal.

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02:31:35 AM UTC
SquawkNews
Singaporean state gas buyer GasCo launched its first procurement exercise to secure term supplies of liquefied natural gas, said Gan Siow Huang, the country's minister of state for energy, trade and industry.The city-state, which relies on natural gas to generate about 95% of its electricity, is al…