Paving the Way for the Energy Transition by Redbean De Pte Ltd

PAVING THE

WAY

FOR THE ENERGY TRANSITION

TKOO1

PAVING THE

WAY FOR THE ENERGY TRANSITION

CONTENTS

08 FOREWORD Mr Lawrence Wong Deputy Prime Minister and Minister for Finance

MESSAGE 10 CHAIRMAN’S Mr Tang Kin Fei Chairman, Singapore LNG Corporation

NEED FOR A MORE 14 THE SECURE ENERGY FUTURE CHAPTER ONE

2006 – 2009

22 PIONEERING A NEW PATH CHAPTER TWO

2010 – 2013

THE PATH & 38 FORTIFYING PUSHING BOUNDARIES CHAPTER THREE

2014 – 2018

UP FOR THE 52 RAMPING ENERGY TRANSITION CHAPTER FOUR

2019 – 2023

AHEAD TO THE NEXT 68 FORGING DECADE AND BEYOND CHAPTER FIVE

82 POWERING THE WAY FORWARD THE SLNG STORY

86 AFTERWORD 88 ACKNOWLEDGEMENTS

The terminal’s design provides for a third jetty to be installed, if required.

The terminal has room for four more storage tanks to be built.

The terminal with its four storage tanks built to-date.

The terminal in its early days of construction.

LOC AT ED ON A

40-HECTARE PLOT AT THE SOU T H ER N-MOS T T I P OF

JURONG ISL AND

FOREWORD Mr Lawrence Wong Deputy Prime Minister and Minister for Finance

Paving The Way For The Energy Transition

SLNG has been a critical partner of Government and our power generation companies, playing a key role in times of market volatility to secure supplies from the global market. Beyond energy security, SLNG’s range of services and capabilities has helped to develop a vibrant energy ecosystem.

Congratulations to everyone at SLNG on the 10th anniversary of the LNG Terminal’s operations!

industry professionals and worked closely with them to form the initial team at SLNG, and to get the company started.

Singapore has come a long way in securing our energy sources. From coal, we have shifted largely to using natural gas for power generation. We have one of the most reliable power networks in the world supporting the needs of our modern city.

Since then, SLNG has made tremendous progress. Today, about half of our total natural gas for power generation flows through its terminal. SLNG has also been a critical partner of Government and our power generation companies, playing a key role in times of market volatility to secure supplies from the global market. Beyond energy security, SLNG’s range of services and capabilities has helped to develop a vibrant energy ecosystem. Singapore is now one of the largest LNG trading hubs in the world, ranking among the top countries in terms of LNG re-export volumes.

A key enabler is access to liquefied natural gas or LNG. The opening of the LNG terminal a decade ago was a major milestone. I still remember the events leading up to this milestone. It was soon after the Global Financial Crisis and the high financial costs made it difficult for the LNG terminal to carry on as a commercial undertaking. The Government assessed that the LNG terminal was important for energy security, and decided to take over the project. I was at the Energy Market Authority (EMA) then and we set up SLNG as a subsidiary company to build, own and operate the terminal. We had to tackle many challenges at the start. EMA then did not have any expertise in building or running an LNG terminal. We brought in

I have every confidence that the team at SLNG will continue to do their best in meeting Singapore’s energy needs, and contribute to our transition to greener fuels. SLNG has been working with its partners to study low-carbon alternatives such as hydrogen and the use of cold energy to support carbon capture and storage. Through close partnership and collaboration, we can continue to ensure reliable and sustainable energy for Singapore for many years to come.

SLNG Celebrates A Decade of Energising Possibilities Together

CHAIRMAN’S MESSAGE Mr Tang Kin Fei Chairman, Singapore LNG Corporation

With a mix of sheer determination, can-do spirit and problem-solving ingenuity, we overcame many challenges along the way to build the world-class LNG terminal we have today.

Paving The Way For The Energy Transition

2023 is an exciting year for Singapore LNG Corporation (SLNG), especially as we celebrate the 10th anniversary of the start of commercial operations at the SLNG Terminal. I am proud to present this commemorative book, which shares highlights of SLNG’s journey and key achievements over the past decade.

When the SLNG Terminal began commercial operations on Jurong Island on 7 May 2013, with just one jetty and two storage tanks, it marked the start of a new chapter in Singapore’s energy story. Being the first LNG terminal here, there was no “local model” we could readily emulate – we were the pioneers, so to speak, beating out a fresh new path for the Singapore LNG industry. We brought in experts from around the world to help us get started and to learn from, and we recruited locally to operate the terminal and develop the talent pool for the industry. The journey to reach this 10-year milestone was not all smooth-sailing. But with a mix of sheer determination, can-do spirit and problem-solving ingenuity, we overcame many challenges along the way to build the worldclass LNG terminal we have today; one that operates to the highest safety and reliability standards, can accommodate a wide range of LNG carriers, and is able to serve the needs of domestic and regional LNG markets alike. Today, the SLNG Terminal is key infrastructure for Singapore’s energy security, supplying some 50 per cent of the country’s natural gas used for power generation. It has the capacity and capability to support all of Singapore’s power generation needs, if called upon to do so. More recently, the COVID-19 pandemic presented SLNG with a new and unprecedented set of challenges that required not just meticulous attention to the health and

safety of our employees, but also forwardthinking and creativity to keep the terminal running without disruption. I am proud to say that SLNG did well to rise to the challenge. Moving forward, SLNG will be building upon the experiences of its first 10 years to catalyse exciting new possibilities for Singapore’s energy transition. This includes expanding our infrastructure to better serve the market’s needs, exploring ways to recover cold energy for various uses, and facilitating the adoption of more sustainable fuel sources to support Singapore’s decarbonisation efforts and further enhance energy security. I invite you to peruse this book at your leisure to learn more about SLNG’s 10-year journey thus far, and where we are heading towards in the years to come. I would like to add that our successes would not have been possible if not for the support and collaboration we have received over the years from stakeholders such as the Singapore Government, particularly our shareholder the Energy Market Authority; key customers such as Shell Gas Marketing, Shell Eastern Trading, Pavilion Energy Singapore, ExxonMobil Asia Pacific and Sembcorp Fuels (Singapore) Pte Ltd; and all our end users. I would like to extend my heartfelt gratitude to them, as well as to SLNG’s past and present Board Members, senior management and staff, who have all contributed to SLNG’s successes through the years. SLNG Celebrates A Decade of Energising Possibilities Together

Paving The Way For The Energy Transition

C H A P T E R

O N E

HE NEED FOR A MORE SECURE ENERG FUTURE 2 0 0 6

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2 0 0 9

SLNG Celebrates A Decade of Energising Possibilities Together

Paving The Way For The Energy Transition

Senoko Power Station

A FUEL FOR LIFE FOR over 30 years, natural gas has helped to

keep Singapore’s homes, offices, factories and more, running; powering the country’s development and growth. In 1992, Senoko power plant was the first power plant in Singapore to be fuelled by piped natural gas from Malaysia. Since then, the use of natural gas for power generation has grown – from just under 20 per cent in 2000, when oil was still the preferred fuel, to more than 95 per cent today. While natural gas is a fossil fuel, it is the cleanest one, emitting 50 to 60 per cent less carbon dioxide when burnt. When considered along with its relative availability and cost-effectiveness, natural gas is the most ideal fuel source for Singapore, helping to bridge the gap even as the country moves forward to invest in more sustainable and renewable energy sources.

SLNG Celebrates A Decade of Energising Possibilities Together

NATURAL GAS IN SINGAPORE Singapore imports natural gas via pipelines and in liquid form as LNG. Natural gas has a wide range of applications that include: Feed for various industrial or manufacturing processes

Residential cooking

Electricity generation

Fuel for transportation

Paving The Way For The Energy Transition

A LO CA L CH A M P I ON FOR LNG WITH the decision made to build

the LNG terminal, the Singapore government initially sought a public-private partnership to develop it. However, as the global financial crisis roiled the world from 2007 to 2009 and financial markets became less welcoming due to the economic uncertainties, the public-private partnership model became

increasingly unfeasible. Hence, the government decided to step in and take over the terminal’s ownership and development. In June 2009, the Energy Market Authority (EMA) incorporated a wholly-owned new company to design, build, own and operate the terminal – Singapore LNG Corporation Pte Ltd, or SLNG.

SLNG was formed in 2009 to design, build, own and operate Singapore’s first LNG terminal.

SLNG Celebrates A Decade of Energising Possibilities Together

Paving The Way For The Energy Transition

C H A P T E R

T WO

PI NEERING A NEW P TH 2 0 10

–

2 0 13

SLNG Celebrates A Decade of Energising Possibilities Together

The SLNG Terminal is Asia’s first open-access, multi-user terminal that can import and re-export LNG from mutiple suppliers.

Each tank sits on an area of around 6,358 square metres, equivalent to the area of 14 basketball courts.

SHEDDING LIGHT ON STORAGE The SLNG Terminal’s first three storage tanks can each hold 180,000 cubic metres of LNG. Here are other fun facts about the tanks. More than 27,800 cubic metres of concrete, 5,000 tonnes of steel reinforcement bars and 3,600 tonnes of steel plate were used to build each tank.

Two additional layers of nickel steel plate and carbon steel plate line the inside of each tank’s onemetre-thick concrete walls.

Each tank is large enough to contain two Airbus A380 aircraft stacked on top of one another.

53m(h) x 90m(w) 6,358 square metres 28

Paving The Way For The Energy Transition

A RE M A RK A B L E CO N STRUC T I O N THE terminal’s construction, which started

with a ground-breaking ceremony on 31 March 2010, was an intricate and complicated undertaking. With thousands of workers of different nationalities and backgrounds descending on Jurong Island to be part of the project, training was mandated to ensure that all of them could carry out their responsibilities to the same high safety standard, before they were even allowed on site.

one safety coordinator for every 20 workers, Had at least

a higher standard than usual in the industry.

The SLNG Terminal’s ground-breaking ceremony on 31 March 2010.

SLNG Celebrates A Decade of Energising Possibilities Together

Even before the terminal started operations, the International Energy Agency (IEA) noted Singapore’s advantages to become a competitive natural gas trading hub.

By the time the terminal’s construction got underway, six power generation companies had signed long-term gas purchase agreements with BG totalling about 1.5 million tonnes per annum (Mtpa), signalling their commitment and giving the terminal a running start. The firms were Senoko Energy, YTL PowerSeraya, Tuas Power, Sembcorp Cogen, Keppel Merlimau Cogen and Island Power Company (now PacificLight Power).

in 2013, Singapore had the makings for such a role as it was already one of the world’s biggest oil-trading hubs, with the government commanding considerable experience in regulating the energy commodity trade. Senoko Energy YTL PowerSeraya Tuas Power

SLNG and the government also put in place the pieces for Singapore to become a regional LNG trading hub. As the International Energy Agency (IEA) wrote in a report published shortly before the terminal’s opening

Paving The Way For The Energy Transition

BG Singapore Gas Marketing (now Shell Gas Marketing)

Sembcorp Cogen Keppel Merlimau Cogen Island Power Company (now PacificLight Power)

Compared to other potential trading hubs in the region, “Singapore seems the candidate best suited to develop a competitive natural gas market and trading hub in the medium term,” the IEA noted. Highlighting the importance of LNG to Singapore’s future, Mr Chee Hong Tat, who was Chief Executive of EMA at the

Mr Chee Hong Tat Senior Minister of State for the Ministry of Finance and Ministry of Transport Former Chief Executive Energy Market Authority

time, and is currently Senior Minister of State for the Ministry of Finance and Ministry of Transport, explained: “ The introduction of LNG was pivotal in diversifying Singapore’s gas supplies and enhancing our energy security. It also encouraged new plantings by power generation companies, and supported the growth of new business activities such as LNG trading and bunkering.”

I thank the founding team at SLNG, led by Chairman Bob Tan and Chief Executive Officer Neil McGregor, for their excellent work in getting the LNG terminal started on time and within budget, while achieving a very good safety record during the construction.

(2011 – 2015)

SLNG Celebrates A Decade of Energising Possibilities Together

CROSSING IN T O A NE W E NE RGY FUT URE WITH the terminal near

completion, SLNG received its first commissioning LNG cargo from Qatargas in March 2013. This was used to cool the terminal’s storage tanks and pipes to their operating temperature of about -161 degrees Celsius and get them ready for full and continuous operations. The arrival of the cargo on the Umm Slal, which is a Q-Max

LNG vessel, not only affirmed that the terminal could accommodate the largest LNG ships in the world, but also that Singapore could import LNG from any country, opening up previously unavailable supply options. After years of preparation and hard work, the terminal welcomed its first commercial cargo from BG on 7 May 2013, marking the start

The terminal welcomed its first commercial cargo on 7 May 2013.

Paving The Way For The Energy Transition

-161°C

Operating Temperature

Prime Minister Lee Hsien Loong officiating the opening of the SLNG Terminal on 25 February 2014.

of its commercial operations, and creating a new pathway for the future of Singapore’s energy sector. The terminal began operations with one jetty, two LNG storage tanks and an initial send-out capacity of around 3.5 Mtpa. By early 2014, the second jetty and third storage tank were completed, together with additional regasification facilities, raising the send-out capacity to around 6 Mtpa. When Prime Minister Lee Hsien Loong officiated at the opening of the terminal on 25 February 2014, he emphasised:

“ We can import, with this LNG terminal, much more natural gas from global markets, including from anywhere in the world. Some of our gas is coming from Trinidad & Tobago, and it is hard to imagine a source further away than that.”

He added: “ And because there are more suppliers vying for our business, we can obtain more competitive prices. And with more gas available, and new generation capacity entering the market, electricity generation becomes more competitive, which will benefit consumers. I t is a milestone in Singapore’s energy journey.”

SLNG Celebrates A Decade of Energising Possibilities Together

Paving The Way For The Energy Transition

C H AP T E R

FO U R

RAMPING P FOR THE ENERGY TRANSITI N 2 0 19

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2 0 2 3

SLNG Celebrates A Decade of Energising Possibilities Together

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A N E W V I S ION FOR SLNG TODAY, SLNG fulfils about 50 per cent of

Singapore’s total natural gas demand, and has enough capacity to support all of the country’s power sector gas needs, based on current demand projection. Even so, it is not resting on its laurels. In 2020, it developed a five-year strategic roadmap to create new value by growing the LNG ecosystem in Singapore and beyond. This includes working with partners to further develop the throughput and LNG bunkering business in Singapore, facilitating more LNG trading, embarking on digital and business transformation projects for greater efficiency and agility, and more. To better align with this new phase of growth and development, SLNG embarked on an exercise to review and update its branding and, in the process, recast its vision and values and launched a new logo.

Facilitate more LNG trading, bunkering, and other activities.

Further enhance throughput services and energy security.

Embark on digitalisation and business transformation projects.

SLNG Celebrates A Decade of Energising Possibilities Together

SLNG’s new vision – Catalysing New Possibilities in the Energy Transition – reflects its broader ambition to not just meet but exceed its energy security mandate; advance the growth of the LNG ecosystem; and facilitate developments and innovations in sustainable new energy. Driving the fulfilment of this vision is a set of new core values – ForwardLooking, Collaborative, Courageous, Engaging, Enterprising and Energising.

Mr Tan Soo Koong Chief Executive Officer Singapore LNG Corporation (2019 – Present)

Paving The Way For The Energy Transition

Explaining the impetus for the development, Mr Tan Soo Koong, current Chief Executive Officer of SLNG, elaborated: “ When I joined in 2019, we took a pause to consider more deeply about what’s next for SLNG. At that time the LNG adoption for the industry – not just for power generation but for bunkering and other areas – was developing very rapidly, so we needed to move beyond the energy security mandate to support and defend Singapore as an energy hub.”

Firstly, we needed to continue to ensure energy security. This is the primary driving force of SLNG, and I am very proud that we can serve our nation in this important capacity. Secondly, we needed to grow the LNG business and make full use of our strategic assets. Thirdly, we needed to confront and address the changing energy landscape. We are well aware that while LNG is the cleanest fossil fuel, the ultimate goal for the future is to transition towards cleaner, more sustainable and even renewable fuels; and SLNG can and should play a role in this transition. Finally, overarching all of this, we needed to boost the enabling imperatives to ensure that we have the right skillsets and digital platforms to bring SLNG forward.

CATALYSING NEW POSSIBILITIES IN THE ENERGY TRANSITION VALUES TO DRIVE A VISION With the future in mind, SLNG recast its core values to align with its new phase of growth and development. The new values are:

FORWARD-LOOKING Seeing what’s possible – focusing on opportunities and solutions rather than obstacles.

ENGAGING ENERGISING Bringing openness, ideas and passion to relationships, so that others are motivated to do more.

ENTERPRISING

Connecting and reaching out to share ideas and solutions.

COURAGEOUS Resolve and conviction about our strategy for the future; committed to doing the right thing now.

Willingness to try new things and to go the extra mile to get things done.

COLLABORATIVE Teamwork and partnerships for win-win outcomes.

SLNG Celebrates A Decade of Energising Possibilities Together

C H A P T E R

FI VE

F RGING AHEAD TO THE NEXT DECADE AND BEY ND

Paving The Way For The Energy Transition

SLNG Celebrates A Decade of Energising Possibilities Together

Paving The Way For The Energy Transition

NET ZERO 2050

carbon emissions goals

S I N G A P O RE’S F U T U RE E N E RGY L A N D S CA P E MOVING forward, Singapore’s energy future

is bright. The government is backing LNG as the country’s transition fuel of choice as it works towards achieving its carbon emissions goals, which include reaching net zero emissions by 2050. It is also inking partnerships to encourage the LNG sector’s growth locally and beyond. In 2022, it signed a Memorandum of Cooperation (MOC) on LNG cooperation and energy transitions with Japan, building on an earlier MOC on low emissions solutions. The new MOC will expand the two nations’ collaborations to include promoting investments across the LNG value chain, discussing LNG’s use as a transition fuel, and knowledge sharing on measuring, reporting and verifying greenhouse gas emissions in LNG supply chains.

SLNG Celebrates A Decade of Energising Possibilities Together

GEARING UP F O R LNG G ROW T H WITH natural gas being one of

EMA’s ‘four switches’ to diversify Singapore’s energy sources, SLNG will continue to play an essential role in Singapore’s energy security for years to come. It is anticipated that LNG will grow to take up at least 70 per cent of the country’s natural gas demand (over piped natural gas), in the not too distant future. To further enhance Singapore’s energy security and better support the growth of the LNG ecosystem, SLNG is looking into expanding its terminal infrastructure and capacity over the next few years. Among its plans is to increase the available LNG storage capacity to serve rising demand for the fuel and broaden the options for LNG trading and other businesses.

NATURAL GAS

SOLAR

The four switches of Singapore’s energy future.

Paving The Way For The Energy Transition

Several options are being explored in this regard, including bringing in a Floating Storage and Regasification Unit (FSRU) which would be a relatively easier to implement option; and/or building additional storage tanks at the terminal that would be “future-ready” - equipped with membrane technology that provides the flexibility for the tanks to be used to store other greener fuels like ammonia. There are also other expansion projects in the pipeline, such as building out the tertiary jetty to enable more LNG bunkering and small-scale reload activities; and constructing a more permanent and upgraded LNG truck loading facility that can accommodate more trucks and operate more efficiently, with better equipment.

REGIONAL POWER GRIDS

EMERGING LOW CARBON ALTERNATIVES

SLNG will continue to play a vital role in Singapore’s energy security for years to come.

Above Ground Storage Tank: Full Containment and “FUTURE READY” Cryogenic Membrane Comparison of Technologies.

Roof (reinforced concrete)

Full Containment Technology Insulated suspended deck Outer Tank: Pre-stressed (AI + Fiberglass) concrete (5000 tonnes steel reinforcements + 28,000m3 concrete)

Currugated Stainless Steel Membrane Primary Barrier Plywood Plyurethane Foam Triplex Secondary Barrier (TPS)

Perlite

Insulating Panel

Plyurethane Foam

9% Nickel Inner Tank (3000 tonnes inc. CS liner) Bottom Insulation Slab (reinforced concrete) Slab Heating System

Membrane Technology

Plywood Anchoring Elements; Mastic & Studs Concrete wall covered with moisture barrier

SLNG Celebrates A Decade of Energising Possibilities Together

H ARNE SSING COLD E N E RGY TO support Singapore’s energy

transition and low-carbon ambition, SLNG is also looking into harnessing the cold energy released from its terminal’s operations. Cold energy, if harnessed well, can be a substitute for applications that require refrigeration systems. Compared with these systems, the two-pronged benefits of utilising cold energy are one, a significantly lower capital and operational expenditure; and two, the elimination of Scope 2 emissions. Today, cold energy is applied in several applications such as air separation units and cryogenic power generation. SLNG intends to prioritise its available cold energy to support Singapore’s energy, chemicals and maritime sectors. The energy can potentially be used to liquefy carbon dioxide captured from these sectors, which could then eventually be sequestered or utilised in other ways. The company is hopeful that in time to come, it can support both existing emitters as well as help advance the development of low-carbon emissions technologies and applications, via the use of its cold energy.

Paving The Way For The Energy Transition

Cold energy from SLNG’s terminal operations could be used to support carbon capture and storage efforts.

The ice, forming on the outside of certain equipment during operations, hints at the amount of cold energy that could be harnessed from the terminal.

SLNG Celebrates A Decade of Energising Possibilities Together

POWERING THE SLNG STORY THE WAY FORWARD

Over the past decade, the SLNG Terminal has transformed Singapore’s energy ecosystem, boosting its energy security and enabling it to step forward as a regional LNG trading hub. Here’s a look at some of its key milestones to date.

2009

2010

2012

30 June Singapore LNG Corporation Pte Ltd (SLNG) is incorporated to develop, build, own and operate Singapore’s first LNG terminal.

31 March SLNG holds a groundbreaking ceremony to mark the start of the terminal’s construction, during which the first Terminal Use Agreement (TUA) is signed between SLNG and BG Singapore Gas Marketing.

24 October The Singapore government announces the decision to build a fourth LNG storage tank and associated facilities, to further boost the terminal’s capacity.

2 November The Singapore government announces the decision to accelerate the terminal’s expansion with the construction of a third LNG storage tank. 82

Paving The Way For The Energy Transition

2013

2014

2016

27 March The terminal receives its first LNG cargo for its commissioning.

25 February Prime Minister Lee Hsien Loong officially opens the SLNG Terminal.

7 May The terminal welcomes its first commercial LNG cargo and begins commercial operations.

1 April The terminal commissions its Gas Engine Generator, further enhancing its ability to operate without disruption.

28 July The first LNG cargo under SLNG’s 23 June Storage & Reload service is delivered. SLNG signs its first two-year Storage & Reload service agreement.

29 September The terminal performs its first vessel Gassing-Up and CoolDown (GUCD) operation. SLNG Celebrates A Decade of Energising Possibilities Together

2017

2018

2019

2020

29 January SLNG signs TUAs with newly licensed aggregators, Pavilion Energy Singapore and Shell Eastern Trading.

27 March The terminal’s Tank 4, one of the largest LNG tanks in the world, receives provisional acceptance.

13 February Modifications to the terminal’s secondary jetty are completed, enabling it to reload small-scale LNG ships.

10 March SLNG signs its first five-year Storage & Reload service agreement.

12 April SLNG and MPA jointly launch Singapore’s first LNG Truck Loading Facility.

29 May The first Spot Throughput cargo is delivered to the terminal.

7 December The terminal carries out its first jetty-to-jetty LNG transfer, believed to be the first such operation performed in Southeast Asia.

1 June SLNG achieves one million continuous operational man-hours without a recordable incident.

Paving The Way For The Energy Transition

30 March SLNG signs a Memorandum Of Understanding (MOU) with four local and two Japanese companies to study ways to utilise hydrogen as a low-carbon alternative energy source. 28 November The terminal crosses the 100th GUCD mark. 29 December The terminal completes the installation of a rooftop solar power system that is able to offset about 300 tonnes of carbon dioxide emissions annually.

2021

2022

2023

23 March The terminal performs the first cargo reload for the FueLNG Bellina, Singapore’s first LNG bunkering vessel.

24 March The first LNG Floating Storage Unit (FSU) arrives at the terminal to provide additional inventory storage for the SLF.

28 July LNG flows through the terminal reach 6 million tonnes per annum (Mtpa) for the first time in SLNG’s operating history.

27 August SLNG concludes TUAs with newly licensed aggregators, ExxonMobil LNG Asia Pacific and Sembcorp Fuels (Singapore).

13 April Inventory storage for the SLF is further boosted with the arrival of the first LNG Floating Storage and Regasification Unit (FSRU) at the terminal. The MOL FSRU Challenger (later renamed Bauhinia Spirit) is the world’s largest FSRU.

5 November SLNG operationalises the Standby LNG Facility (SLF) developed with EMA, to address LNG supply volatility in the market. 29 November SLNG signs an MOU with Linde Gas Singapore to explore the feasibility and development of a carbon dioxide liquefaction and storage facility.

25 October The Singapore government announces the institutionalisation of the SLF, making it a permanent feature of Singapore’s energy market.

SLNG Celebrates A Decade of Energising Possibilities Together

AF TE RWO RD As SLNG looks to the future, it is pushing ahead in decarbonisation, greener energy sources, capability and capacity building and more, equipping itself to go beyond its energy security mandate to support and accelerate Singapore’s energy transition. As it marks 10 years of commercial operations, its new journey is just beginning. SLNG was set up for the purpose of enhancing Singapore’s energy security, and we are proud to have served the nation over the past 10 years. With the changes in the energy landscape, we are stepping up to play a bigger role, to contribute our concepts and ideas and develop them to help pave the way for Singapore’s energy transition. We are learning new skills and investing in new technologies. With the vision of the Singapore government, and working together, we can shape a greater and greener energy future for Singapore. Mr Tan Soo Koong Chief Executive Officer Singapore LNG Corporation

Paving The Way For The Energy Transition

This artwork, painted by Mr Raymond Lau, a Singaporean living with Tourette Syndrome, portrays the important role that the SLNG Terminal plays to support Singapore’s energy security. SLNG collaborated with ART:DIS, a non-profit that champions opportunities for persons with disabilities in the arts, to commission this painting as part of its 10th anniversary celebrations.

SLNG Celebrates A Decade of Energising Possibilities Together

ACK N OWL E D G E M E N T S SLNG would like to thank all its stakeholders, particularly the Energy Market Authority, customers, partners and end-users for their invaluable support through the years. It would also like to thank its past and present board members, senior management and staff, whose contributions have brought SLNG to where it is today.

Paving The Way For The Energy Transition

PUBLISHED BY

Singapore LNG Corporation Pte Ltd 991G Alexandra Road, #03-29C Singapore 119975

All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher. Every effort has been made to trace all sources and copyright holders of news articles, figures and information in this book before publication. If any have been inadvertently overlooked, The Singapore LNG Corporation Pte Ltd will ensure that full credit is given at the earliest opportunity.

PROJECT TEAM

Juniper Chua Simon Ang Celestine Chan Sarina Binte Mohamed Diah

ISBN 978-981-18-8371-2 (Hardcover) ISBN 978-981-18-8372-9 (e-Book) To find out more, visit https://www.slng.com.sg

CONTENT CONTRIBUTORS

PROJECT MANAGEMENT

Ahmad Izwan Bin Abdul Samad Rafii Ahmad Desmond Chang Michelle Eng Jinnie Kiew Jack Lim Low Ying Chun Francis Terrance Nelson James Ooi

Design, Photography and Production

Redbean De Pte Ltd WRITER

Feng Zengkun

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