Singapore LNG

What Singapore LNG does

Singapore LNG Corporation Pte Ltd (SLNG) is a government-owned entity incorporated under Singapore's Energy Market Authority (EMA), a statutory board of the Ministry of Trade and Industry. Established in 2010 (with the project conceived in 2006 and commercial operations commencing 7 May 2013), SLNG owns and operates Asia's first open-access, multi-user LNG terminal on a ~30-hectare site at Jurong Island. The terminal supplies approximately 50% of Singapore's natural gas for electricity generation, with an annualised average gas supply capacity of 9 MTPA and peak capacity of 11 MTPA. SLNG serves four customer groups: power generation companies (named users include Senoko Energy, Tuas Power Generation, SembCorp Cogen, Keppel Merlimau Cogen, and Island Power Company), international LNG traders (e.g., Pavilion Energy, Trafigura, BG Asia Pacific), maritime operators requiring LNG bunkering, and industrial users receiving LNG via truck loading.

The terminal comprises four storage tanks (three at 180,000 m³ and one at 260,000 m³, totalling 800,000 m³ — one of the largest LNG storage complexes globally) and two jetties accommodating vessels from 2,000 to 265,000 m³. The service portfolio spans throughput, spot throughput, storage and reload, transhipment, gassing-up and cool-down, LNG bunkering/break-bulk (over 100 bunker reload operations completed in 2024), and LNG truck loading (over 5,000 operations since the facility launched in 2017). Internal tooling includes an in-house Python-based Operations Optimization Model for vessel arrival and storage planning, an AI/Analytics Agent for contract and data queries, demand forecasting models, and early-stage exploration of cold energy utilisation for data centre cooling and carbon capture. SLNG is supported by strategic partnerships spanning engineering (Samsung C&T, Foster Wheeler, Wood, CIWE), vessel construction (Hanwha Ocean), propulsion systems (ABB), chartering (Mitsui O.S.K. Lines), port infrastructure (Jurong Port), and energy-transition collaborations (NUS, NSCC Singapore, Surbana Jurong, Keppel Infrastructure, Linde, Sembcorp, Total Solar DG).

SLNG's revenue model is predominantly usage-based and tariff-driven, with an annually published tariff schedule (currently covering 1 April 2025 to 31 March 2026) covering throughput, storage and reload, bunkering, truck loading, transhipment, and gassing-up/cool-down services. The original terminal was funded by a S$1.5 billion Singapore Government investment and supplemented with a S$1.11 billion loan facility from five banks in November 2014. SLNG is currently executing two major expansions: a Second LNG Terminal based on a 204,000 m³ FSRU under a 25-year charter with Mitsui O.S.K. Lines, adding ~5 MTPA (combined capacity ~15 MTPA) and targeted for operation by 2030; and a new LNG truck loading facility on Jurong Island scheduled for Q4 2026 completion (>8,000 truck loadings per year). Revenue and tariff figures are not publicly disclosed.

Name

Singapore LNG

Legal name

Singapore LNG Corporation Pte Ltd

Website

https://slng.com.sg

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Short description

Singapore LNG Corporation (SLNG) is a government-owned operator of Singapore's first open-access, multi-user LNG terminal on Jurong Island, supplying about 50% of the country's natural gas. It serves power generators, LNG traders, maritime operators, and industrial customers via throughput, storage, bunkering, and truck loading services.

Ownership category

akta.pro rank

Product category

LNG Terminal Operations

NAICS

Natural Gas Distribution (22121), Pipeline Transportation of Natural Gas (48621)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Natural Gas Transmission (4922)

akta.pro primary industry

LNG Import/Export Terminals & Storage (Regas, Peak Shaving, Small-Scale LNG) (EUALAEAD)

akta.pro secondary industries

LNG Storage, Terminals & Bunkering (Peak Shaving, Small-Scale LNG) (EUALAFAD), LNG Bunkering (Ship-to-Ship, Truck-to-Ship, Terminal) (TLAHAKAB), LNG Storage Tanks & Terminal Operations (EUAAACAG), LNG Operations, Maintenance & Reliability (O&M, Integrity, Turnarounds) (EUALAFAJ)

Keywords

• LNG terminal operations
• LNG regasification services
• LNG bunkering services
• LNG storage handling
• LNG throughput services

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain

Revenue model

1. Throughput Services: Core service of receiving, storing, and regasifying LNG for send-out to Singapore's gas network. Charges based on throughput volume processed through the terminal.
2. Storage & Reload Services: Providing LNG storage capacity and reload operations for customers to store and re-export LNG cargoes, supporting regional LNG trading activities.
3. Gassing-up/Cool-down Services: Preparing LNG vessels by cooling them down or gassing them up for safe transport of LNG cargoes.
4. Transhipment Services: Transferring LNG between vessels to support regional LNG trade and shipping logistics.
5. LNG Bunkering Services: Loading LNG fuel onto ships for maritime bunkering operations, supporting the Port of Singapore's position as a leading LNG bunkering hub.
6. Truck Loading Services: Loading LNG into trucks for overland delivery to industrial plants not connected to gas pipelines or for transport to ships for bunkering.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Singapore LNG Corporation (SLNG) owns, develops and operates Singapore's and Asia's first open-access, multi-user liquefied natural gas (LNG) terminal on Jurong Island. The company receives LNG cargoes, stores them in four large tanks (total 800,000 m³), regasifies the LNG and sends natural gas out to Singapore's gas pipeline network, while also providing storage, reload, transhipment, LNG bunkering, truck loading and gassing-up/cool-down services to power generators, LNG traders, ship operators and industrial users.

Product overview

Singapore LNG Corporation (SLNG) operates as the owner, developer, and operator of Singapore's and Asia's first open-access, multi-user LNG terminal on Jurong Island. The company's core product is the SLNG LNG Terminal providing throughput, storage, and regasification services. SLNG is developing the Second LNG Terminal as an FSRU at Jurong Port (expected operational end of decade). The terminal's service portfolio includes Throughput Services, Spot Throughput Services, Storage & Reload Services, LNG Bunkering/Break-bulk Services, LNG Truck Loading Facility, Gassing-up/Cool-down Services, and Transhipment Services. SLNG also explores adjacent offerings including an NGL Extraction Facility and Cold Energy Utilization for data centre cooling and carbon capture applications. Together, these services support Singapore's energy security, regional LNG trading hub ambitions, and the energy transition toward lower-carbon fuels.

Differentiator

Problem solved

Functional benefit

Products and services

• SLNG LNG Terminal (Jurong Island) Singapore's first open-access, multi-user LNG terminal on Jurong Island providing regasification, storage, and send-out of LNG with an average gas supply capacity of 9 MTPA and peak capacity of 11 MTPA, supplying about 50% of Singapore's natural gas for electricity.
• Throughput Services Receiving LNG cargoes at the terminal, unloading from vessels, storing LNG, and regasifying for send-out into Singapore's national gas pipeline network for power generation customers.
• Spot Throughput Services Flexible spot throughput services allowing one-time or short-term use of terminal capacity for LNG importers and traders without long-term commitments.
• Storage & Reload Services LNG storage services and reload operations allowing traders and shippers to store LNG cargoes and transfer between vessels, supporting regional LNG trading hub activities.
• LNG Bunkering / Break-bulk Services Services enabling the transfer of LNG to ships as bunker fuel and breaking bulk LNG cargoes into smaller parcels for delivery to support Singapore's LNG bunkering hub status.
• LNG Truck Loading Services Loading LNG into trucks for overland delivery to industrial plants not connected to the gas pipeline network or for LNG bunkering at ports. More than 5,000 truck loading operations completed since launch.
• Gassing-up / Cool-down Services Services preparing LNG carriers by warming (gassing-up) or cooling (cool-down) their cargo tanks to receive or discharge LNG safely.
• Transhipment Services Services enabling the transfer of LNG cargoes between LNG vessels, supporting regional transshipment and re-export trade flows through Singapore.
• Second LNG Terminal (FSRU) Singapore's second LNG terminal under development as an offshore Floating Storage and Regasification Unit to be berthed at Jurong Port, adding approximately 5 MTPA capacity for combined throughput capacity of up to 15 MTPA.

Quantifiable outcome

• LNG share of Singapore's electricity generation grew from less than 20% in 2000 to over 90% today
• +3 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature4 records

Partnerships

19 partnerships are on record, tiered core and supporting.

• Hanwha OceancoreStrategic or Co-development Partner · 16 September 2025Hanwha Ocean is constructing the FSRU for Singapore's first floating LNG terminal, equipped with ABB's integrated electric power and propulsion system. Delivery expected in 2027.
• ABBsupportingTechnology or Integration · 16 September 2025ABB supplying integrated electric power and propulsion system for the FSRU being built by Hanwha Ocean for Singapore's first floating LNG terminal.
• China International Water & Electric Corp (CIWE)supportingImplementation/ SI/ Consulting Partner · 27 August 2025CIWE appointed as EPC company for construction of new LNG truck loading facility at Jurong Island, expected to be completed by Q4 2026.
• Mitsui O.S.K. Lines (MOL)coreStrategic or Co-development Partner · 23 October 2024MOL is providing a newbuild FSRU with 200,000m³ storage capacity under a 25-year charter agreement. The FSRU will be constructed by Hanwha Ocean in South Korea and is expected to enter service by end of decade, serving as Singapore's Second LNG Terminal.
• Jurong PortcoreStrategic or Co-development Partner · 23 October 2024Agreement to develop the Second LNG Terminal at Jurong Port where the FSRU will be berthed. Onshore connecting infrastructure will connect the FSRU to Singapore's gas pipeline network.
• Wood plccoreImplementation/ SI/ Consulting Partner · 23 October 2024Wood was awarded the Front-End Engineering Design (FEED) contract for defining the scope of onshore connecting infrastructure for the Second LNG Terminal. FEED was expected to be completed around mid-2025.
• LindesupportingStrategic or Co-development Partner · 29 November 2021SLNG and Linde signed MOU to jointly explore developing a carbon dioxide liquefaction and storage facility at the SLNG Terminal on Jurong Island.
• Keppel InfrastructuresupportingStrategic or Co-development Partner · 28 July 2021Collaboration on Front End Engineering Design (FEED) for a Natural Gas Liquids (NGL) Extraction Facility at the SLNG Terminal. The project will use cold energy from terminal operations in the extraction process.
• National Supercomputing Centre (NSCC) SingaporesupportingStrategic or Co-development Partner · 11 May 2021Collaboration to develop Proof-of-Value for a Green Modular Data Centre System, using the terminal's chilled seawater from LNG regasification to cool supercomputing infrastructure.
• National University of Singapore (NUS)supportingStrategic or Co-development Partner · 11 May 2021Partner in Green Modular Data Centre project, contributing expertise in liquid cooling technology for high-performance computing servers.
• Surbana JurongsupportingStrategic or Co-development Partner · 11 May 2021Partner in Green Modular Data Centre project, contributing engineering design expertise in new and renewable energies, low carbon technologies, and smart grid.
• Total Solar DGsupportingImplementation/ SI/ Consulting Partner · 16 September 2020Agreement for Total Solar DG to finance, build and operate a 600 kWp rooftop solar power system at the LNG Terminal, expected to generate 800 MWh annually.
• Pavilion EnergycoreChannel Partner/ Reseller/ Distributor · 10 March 2020First mid-term agreement for storage and reload services signed between Pavilion Energy and SLNG, supporting LNG trading activities.
• TrafiguracoreChannel Partner/ Reseller/ Distributor · 18 June 2018Storage and reload services agreement for LNG trading at the SLNG Terminal, supporting regional LNG trade activities.
• Samsung C&T CorporationcoreImplementation/ SI/ Consulting Partner · 8 February 2010Original EPC contractor for Singapore LNG Terminal construction. Awarded S$1 billion contract for terminal engineering, procurement and construction. Also awarded contract for third LNG storage tank.
• Foster Wheeler Asia PacificsupportingImplementation/ SI/ Consulting Partner · 8 February 2010Project Management Consultant appointed to jointly manage the EPC contractor with SLNG through an Integrated Project Management Team approach.
• Sembcorp (Ammonia Solution Consortium)supportingStrategic or Co-development PartnerSLNG is part of a consortium with Sembcorp selected to proceed to the next round of RFP to provide a low- or zero-carbon ammonia solution on Jurong Island for power generation and bunkering.
• Rotterdam-Singapore Green and Digital Shipping Corridor PartnerssupportingStrategic or Co-development PartnerSLNG is a partner in the Rotterdam-Singapore Green and Digital Shipping Corridor initiative, exploring piloting bio-LNG bunkering between Singapore and Rotterdam ports.
• ASEAN Council on Petroleum (ASCOPE)supportingStrategic or Co-development PartnerSLNG employee serving as Singapore country coordinator under ASCOPE, working with representatives from 10 ASEAN member countries to foster sustainable petroleum collaboration.

Scale indicators9 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Gate terminal (Rotterdam): Gate terminal in Rotterdam is an open-access multi-user LNG terminal with similar regasification, storage, and break-bulk/bunkering capabilities in Europe. Both terminals share the multi-user open-access business model, throughput/storage services, and position as gateways to their respective regional gas markets.
• Fluxys LNG (Zeebrugge): Fluxys LNG operates the Zeebrugge LNG terminal in Belgium with similar multi-user open-access structure, regasification services, storage capacity, and break-bulk/bunkering capabilities. Both serve as LNG gateways to their national gas markets and as transhipment hubs.

Broad incumbents

• KOGAS (Korea Gas Corporation): KOGAS is a state-owned Korean LNG terminal operator with multiple terminals serving national energy security, analogous to SLNG's role in Singapore. KOGAS operates across the full LNG value chain including importation, storage, regasification, and wholesale distribution - a much larger scope than SLNG.
• CNOOC Gas & Power Group: CNOOC Gas & Power Group operates multiple LNG terminals across China with regasification, storage, and downstream gas distribution. As one of China's largest LNG operators, it shares the midstream LNG terminal operator business model but operates on a much larger scale across multiple terminals.

Regional players

• Tokyo Gas Co. Tokyo Gas operates multiple LNG terminals in Japan (Senboku, Himeji, Ohgishima) with regasification, storage, and downstream gas distribution. Similar to SLNG's terminal operator role, but Tokyo Gas is an integrated utility serving Japan's gas market rather than focused on LNG trading/bunkering services.
• Petronas LNG: Petronas operates the Malaysian LNG regasification terminal in Malacca (currently one of the largest in Southeast Asia) and competes with SLNG for regional LNG trading and bunkering volumes. Petronas is also a major LNG producer, giving it an integrated position SLNG does not have.
• ENN Energy: ENN Energy is a major Chinese natural gas distributor with LNG receiving terminal operations and downstream city gas distribution. Shares the LNG terminal to distribution business model but operates as a downstream-focused utility rather than primarily a trading/bunkering hub.

Emerging players

• Excelerate Energy: Excelerate Energy is a leading FSRU-based LNG terminal operator with comparable floating LNG terminal technology to SLNG's Second LNG Terminal concept. Excelerate operates FSRU terminals globally and shares SLNG's strategic direction toward flexible floating LNG infrastructure.

Others

• Vopak: Vopak is a global independent tank storage operator with LNG storage infrastructure and terminals in multiple geographies. While not a direct LNG terminal operator with regasification focus, Vopak serves as an adjacent infrastructure provider in the LNG storage value chain.
• Pavilion Energy: Pavilion Energy is a Singapore-based LNG trader and a key SLNG customer using the terminal for storage and reload services. While not a terminal operator itself, Pavilion is a critical LNG ecosystem partner for SLNG in Singapore and represents a competitor in LNG trading.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCsr1h1pxHzZyWYgTfJxkUyg
• Facebookfacebook.com/SLNGCorp
• LinkedInlinkedin.com/company/slng---singapore-lng-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Singapore LNG