Capacity boost with 4th storage tank at LNG terminal
Published on Oct 24, 2012 10:06 AM
Singapore will build a fourth storage tank for liquified natural gas (LNG) at its new LNG terminal.
The new tank, which is likely to be completed by 2017, will allow the terminal to handle up to nine million tonnes of the gas per year.
Plans for the new tank were announced on Wednesday by Mr S Iswaran, Minister in the Prime Minister's Office and Second Minister for Trade and Industry, at the opening of the Gas Asia Summit, which is part of this week's Singapore International Energy Week.
After the new LNG terminal begins operations next year, Singapore will be able to import the gas from around the world. Currently, the bulk of the gas is piped from Malaysia and Indonesia.
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