Trafigura and Singapore LNG Corporation (SLNG) have signed a second agreement for Storage and Reload Services at the SLNG Terminal on Jurong Island.

Under the agreement, Trafigura will have access to 160,000 cbm of firmed LNG storage capacity on a segregated basis for the next 24 months.

John Ng, Chief Executive Officer of SLNG, commented: “Through this and our other ancillary service offerings, SLNG aims to facilitate more LNG trades and market plays out of Singapore, contributing to the development of Singapore as an LNG hub.”

Chin Hwee Tan, Asia Pacific Chief Executive Officer for Trafigura, said: “LNG storage in Singapore allows us to offer our customers additional security of supply and flexibility.”

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27th June 2018

27th June 2018