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Singapore says Indonesian gas reduction is below 2% of daily demand

Singapore's Energy Market Authority said Indonesia's reduction in gas exports on October 24 amounts to less than 2% of Singapore's total daily gas demand.

An LNG carrier passes offshore beyond waterfront buildings in Singapore.
An LNG carrier passes off Singapore in this 2024 file photograph.

Singapore's Energy Market Authority said Indonesia's reduction in gas exports to Singapore on Saturday, October 24, amounts to less than 2% of the country's total daily gas demand.

Indonesia's upstream oil and gas regulator, SKK Migas, said the country had begun reducing exports to Singapore to redirect more gas toward domestic electricity needs.

Natural gas is used to generate about 95% of Singapore's electricity.

The Energy Market Authority said power generation companies must maintain sufficient fuel reserves, including diesel reserves. It said Singapore therefore had enough energy supplies to meet national demand.

Gas importer Gas Supply said temporary reductions from its upstream supplier in Indonesia had affected deliveries to customers. It said it was communicating directly with affected customers and working with the supplier, but did not specify how many customers were affected or how long the reductions would last.