Debated in Parliament on 3 Jul 2023.
Mr Saktiandi Supaat asked the Minister for Trade and Industry (a) in each of the past three years, what is the volume of liquefied natural gas (LNG) imported from Indonesia and what proportion of our electricity consumption depends on Indonesian LNG; (b) when are our existing contracts to import LNG from Indonesia slated to expire; and (c) what is the impact of the Indonesian Government's announced intention to prohibit LNG export on our short-term energy security.
Around 95% of Singapore's electricity is generated using natural gas, which can be transported through pipelines from Indonesia and Malaysia, or as Liquefied Natural Gas (LNG) on ships.
LNG supply contracts are negotiated by our importers on a commercial basis. We are unable to divulge the specifics of these contracts, including their volumes and expiry dates, as these are commercially sensitive.
Our LNG importers source globally, including from Australia, Qatar, the United States, Indonesia and other countries. This mitigates the impact of a disruption of any single natural gas supply source on our short-term energy security. On average, LNG from Indonesia was less than 1% of our annual natural gas imports between 2020 and 2022.
Singapore will continue to ensure that our energy sources are well diversified, as well as press on with our efforts to decarbonise the power sector and enhance our energy security.
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