Gas Supply may pursue remedies if contract breached following Indonesia’s export cuts: Tan See Leng
Tan says prices would not be affected that much in the short term due to Indonesia’s move
Singapore's Energy, Trade and Industry Minister Tan See Leng said local gas importer Gas Supply would investigate to determine if the breach of contract has occurred following Indonesia's decision to reduce gas exports. The Republic's gas supplies are covered by commercial contracts, which are expected to be honored, he told reporters in an interview on Oct 25.
He reassured that Singapore has sufficient gas supply to meet its demand, with replacement gas available from other sources such as liquefied natural gas. The reduction in piped gas supply from Indonesia makes up less than 2 per cent of Singapore's total daily gas demand. Tan said he cannot comment on the timing of Indonesia's decision to reduce its gas supply and if it was in direct response to Singapore's comments on the haze issue.
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