30 October 2013 05:35 [Source: ICIS news]
SINGAPORE (ICIS)--Singapore's expansion of its first liquefied natural gas (LNG) terminal is on track for completion by the end of 2013, a government official said on Wednesday.
The terminal, which commenced operations in May this year, will be expanded from 3.5m tonnes/year to 6m tonnes/year, said S Iswaran, the city-state's second minister for trade and industry said at the Gas Asia Summit 2013 in Singapore.
Iswaran also reiterated the country's plan to expand the terminal by adding a fourth tank, which will boost capacity to 9m tonnes/year by 2016.
"Designed to support open access and re-export, this infrastructure complements the growing presence of LNG traders in Singapore," he said.
"The terminal also performed its first vessel cool-down service last month, expanding its portfolio of service offerings," Iswaran added.
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