Singapore Needs LNG Despite Hydrogen Ambitions

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LNG demand in Singapore, Southeast Asia’s second-largest LNG importer hub, is expected to remain strong in the medium term to compensate for diminishing pipeline gas imports and to offer new supply sources to ensure energy security. However, the island-nation’s new climate change targets and hydrogen ambitions are capping the long-term potential for LNG use. The government upgraded Singapore's nationally determined contribution to peak carbon dioxide emissions at around 60 million tons of CO2 equivalent in 2030 from a previous target of 65 million tons.

Topics:
LNG Demand, LNG Contracts, LNG Supply, Gas Pipelines, Gas Supply, Gas Demand, Gas-Fired Electricity, Low-Carbon Policy, Hydrogen
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