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Energy regulator confirms Singapore's LNG stockpiles will meet demand through end of year.

The Singapore Energy Market Authority's CEO, Puah Kok Keong, confirmed that the city-state has secured sufficient liquefied natural gas shipments to cover its requirements through year-end 2026, reaching a reassuring 100% supply level.

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The Singapore Energy Market Authority's CEO, Puah Kok Keong, confirmed that the city-state has secured sufficient liquefied natural gas shipments to cover its requirements through year-end 2026, reaching a reassuring 100% supply level.

Singapore has secured additional LNG shipments from diverse international sources, including Australia, the US and Africa.

RelatedBritish companies halt recruitment amid Iran conflict impact, REC research indicates.

Singapore can potentially resell replacement cargoes if the Qatar supply disruption, triggered by the US-Israeli conflict with Iran, is resolved within the next few months, according to Keong's statement.

Singapore's electricity needs are met by Qatar's contribution of 10% of its natural gas supply, roughly equating to one monthly shipment.

Read nextTate & Lyle accepts a £2.7 billion all-cash acquisition from Ingredion.

Keong emphasized that Singapore seeks to procure additional LNG from a variety of sources, such as the United States, Australia, Africa and the Middle East.

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