SINGAPORE: Indonesia’s reduction in gas exports to Singapore on Saturday (Oct 24) amounts to less than 2 per cent of the country’s total daily gas demand, said the Energy Market Authority (EMA).
In response to media queries, an EMA spokesperson said the total reduction of 31 million standard cubic feet of gas a day amounts to 17 British thermal units per day (bbtud) over a period of 18 days.
“This is less than 2 per cent of our total daily gas demand of more than 1,000 bbtud,” it said, adding that it understands that importers will pursue all relevant recourse in their contracts for the gas supply disruption, said EMA.
EMA also said that it had contingency plans in place to deal with such reductions.
It pointed out that in recent months, there were reductions ranging from 20 bbtud to 100 bbtud due to planned or urgent maintenance.
“These reductions were replaced with other gas sources without incident. Singapore GasCo is operationally ready to import more LNG at any time,” it said.
“Besides Indonesia, Singapore imports natural gas from other sources around the world,” it added.
“Power generation companies are further required to maintain sufficient fuel reserves for power generation, including diesel reserves. We therefore have sufficient energy supplies to meet our national demands,” said EMA.
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