PM Network - May 2015

2 storage tanks

1 jetty for ship docking

3 storage tanks

2 jetties for ship docking that could process

3. 5 million
tonnes per
annum

of LNG
Regasification facilities
that could process

6 million
tonnes per
annum

of LNG

40%
increase
in scope

walk away from an unsafe situation without rectify-
ing it, you’re condoning it.”
As a result, the project team worked 15 million
man-hours without a single lost-time injury—and
each phase of the project closed on schedule. ;e
main terminal started commercial operation in May
2013 with the third LNG storage tank and second jetty
going online in January and March 2014, respectively.

As of January 2015, the SLNG terminal had
received 43 vessels delivering roughly 2. 5 million
metric tonnes of LNG to Singapore. Presently, the
terminal supplies some 20 percent of the natural
gas requirements for Singapore’s power generation.
;at portion will likely soon rise, further reducing
Singapore’s reliance on gas from pipelines. At the
terminal’s o;cial opening ceremony in February
2014, Singapore Prime Minister Lee Hsien Loong
announced that a fourth tank and additional facili-
ties will be added to the terminal. ;e SGD700 mil-
lion expansion project will take the facility’s overall
capacity to 11 million tonnes per
annum when it is completed in 2018.
“We are preparing for the possibil-
ity that our demand for natural gas
may one day be met entirely by LNG,”
Prime Minister Lee said at the cer-
emony. Beyond the fourth tank, space
will remain on-site for an additional
three tanks as Singapore’s demand for
gas and the country’s position in the
region’s LNG market continue to grow.
“Singapore can now import natu-
ral gas from sources around the
world, thereby increasing options and
enhancing energy security. At the
same time, the ;exibility built into the
design is beginning to yield signi;cant
commercial bene;ts,” says Mr. Wood.
“From a project perspective, however,
the outstanding achievement was that
the initiative was completed safely,
within budget and on schedule—and
was adaptable enough to accommo-
date substantial changes in scope along
the way.” PM