LNG Trading in Singapore
Summary
The city-state of Singapore is one of the key energy centers of the world. Its role in the LNG trade is still relatively insignificant, but it is growing rapidly. The first regasification terminal in Singapore was commissioned in 2013, which began the history of the LNG industry in the country. As of the 3rd quarter of 2023, this small state with a population of 5 million became the 11th largest importer of LNG in the world.
The key company in the LNG industry in Singapore is Singapore LNG Corporation, which owns the country's only regasification terminal.
Australia plays a key role in the structure of LNG importers to Singapore, due to geographical proximity. Qatar also occupies a significant share in the structure of imports.
Singapore re-exports a significant share of imported LNG, thus being one of the world's centers of physical LNG trading.
LNG imports
The “Monthly dynamics of LNG imports to Singapore with details by country“ chart shows the statistics on unloading of gas carriers at the Singapore regasification terminal with aggregation for a calendar month and the supplier country. The data is available from August 2022. 01.MM.YYYY - means deliveries for the entire calendar month starting on this day. Deliveries for the current month are indicated by cumulative total from the first day of the month to the current date. The delay in receiving data is up to one day. The data is updated automatically.
The table “Details of Singapore LNG Carriers Discharge during last 30 days“ provides the data on unloading of gas carriers in Singapore for the last 30 days. The data are updated automatically. Import volumes are given in metric tons.
LNG re-export
Singapore is one of the world's LNG re-export centers.
The table “Details of Singapore LNG Carriers Loading and reexport during last 30 days" provides the data on loading of gas carriers in Singapore for the last 30 days. The data are updated automatically. Export volumes are given in metric tons.
The table “Singapore monthly re-export volumes and destination countries“ shows the data on loading of gas carriers in Singapore with aggregation for a calendar month and the supplier country. The data is available from September 2022. 01.MM.YYYY - means deliveries for the entire calendar month starting on this day. Shipments for the current month are indicated by cumulative total from the first day of the month to the current date. The delay in receiving data is up to one day. The data is updated automatically.
LNG bunker sales
Singapore is one of leaders of emerging market of LNG bunker sales. Overall share of usage of LNG as bunker is relatively small, but fast growing.
Please see dynamics of monthly sales of LNG as bunker fuel in Singapore marker.
