Gas supply cut from Indonesia accounts for less than 2% of Singapore’s daily gas demand: EMA

Indonesia's gas supply reduction to Singapore will make up less than 2% of the city-state's daily gas demand, according to the Energy Market Authority (EMA). The Indonesian government announced plans to cut gas exports to Singapore by 31 billion British thermal units per day (BBTUD) starting October 24. This amounts to 17 BBTUD over a period of 18 days, according to the EMA.

Singapore's total daily gas demand exceeds 1,000 BBTUD. The EMA has contingency plans in place to deal with such reductions. Singapore relies on natural gas for 95% of its electricity needs, with piped gas sourced from Malaysia and Indonesia or liquefied gas from around the world. The Singapore GasCo is ready to import more gas at any time.

Singapore's largest gas supplier, Gas Supply, has been communicating with customers affected by the temporary supply reductions and continues to work with its Indonesian supplier. Indonesia's energy minister framed the cuts as prioritizing domestic energy needs. Energy analysts believe the reduction is unlikely to significantly impact costs in Singapore.