Commodity Market Report

Singapore gas and LNG markets long-term outlook 2019

Get this report

$2,500

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQ's about online orders
- Find out more about subscriptions

24 July 2019

Singapore gas and LNG markets long-term outlook 2019

Report summary

Singapore welcomes a new LNG importer as Keppel Gas imports its first LNG cargo in April 2019, capitalising on Singapore Spot Import policy. There are a few LNG SPAs starting in 2019 for delivery to Singapore, however, contracted LNG may not end up in Singapore as most of the domestic power end-users are currently well-contracted. Industrial end-users present some upside, however, they are unlikely to absorb the full volume. This report presents Wood Mackenzie's view of Singapore’s gas and LNG market including our latest supply-demand balance, contract developments, regas infrastructure, market structure and policy.

Table of contents

    • Exploration success in South Sumatra could mean more piped gas imports from Indonesia
    • PTTEP’s recent Sarawak find may alleviate market tightness in Peninsular Malaysia, leaving room for more piped gas from Peninsular
    • Piped gas contracts set to see the price drop due to the impact of IMO 2020
    • Hyflux difficulties continues, energy storage promoted, no impact on overall power situation in Singapore
    • Power and renewable markets report
    • Pavilion Energy positions itself as an international LNG player with takeover of Iberdrola’s LNG Assets
    • Singapore continues to push LNG as a marine fuel, SLNG terminal now offers commercial ship-to-ship LNG bunkering, truck-to-ship bunkering now mature in Singapore
    • Keppel enters the ranks at LNG importer with first cargo under spot import policy
    • Ministries/agencies
    • Competition
    • Third-party access
    • Fuel mix
    • Pricing
    • Introducing a carbon tax
    • Gas market regulation
    • Importers
    • Transmission
    • Distribution
    • Terminal use agreement
    • Hub ambitions
    • Gas infrastructure
    • Pipeline import infrastructure
    • LNG infrastructure
    • Transmission and distribution
    • Expansion of SLNG
    • Second LNG terminal
    • Power sector
    • Non-power sector
    • Industry
    • Jurong Island Version 2.0
    • Carbon Tax
    • Transport
    • Singapore gas market balance
    • LNG Imports
    • Historical LNG Re-exports
    • Seasonality
    • Current gas pricing trends
    • Gas price forecast
    • Upstream gas prices
    • Piped gas contracts
    • LNG Contracts
    • Midstream gas prices
    • Power sector
    • Other sectors

Tables and charts

This report includes 26 images and tables including:

  • Singapore’s energy policy and regulatory structure
  • Singapore gas pipelinesgas pipelines
  • Singapore LNG demand
  • GDP forecast: Singapore
  • Major energy legislation
  • Singapore total gas demand
  • Power sector gas users
  • Industry sector gas users
  • Power sector gas demand
  • Non-power gas demand
  • Total contracted gas supply: Singapore
  • Singapore gas/LNG supply sources
  • Singapore gas balance
  • Sumatra-Singapore pipeline utilisation
  • Natuna-Singapore pipeline utilisation
  • Historical LNG Imports
  • Historical LNG Re-exports
  • Seasonal Profile
  • Singapore end-user gas prices versus high-sulphur fuel oil (HSFO)
  • Monthly gas prices
  • Current gas pricing: imported Offshore Receiving Facility (ORF) landed prices
  • Piped gas contracts pricing formula
  • Piped gas contracts forecast
  • LNG Contracts
  • Current gas pricing: delivered (2019)
  • Gas price outlook to 2040

What's included

This report contains:

  • Document

    Singapore gas and LNG markets long-term outlook 2019

    PDF 1.33 MB

  • Document

    Singapore_Gas_Data.xls

    XLS 828.50 KB

Trusted by leading organisations