Tan See Leng on Singapore GasCo managing gas price volatility and safeguarding procurement
Singapore GasCo was set up by the government to centralise the procurement of natural gas for the country’s power sector. It will build and maintain a diversified and resilient gas supply portfolio to enhance gas security and mitigate gas price volatility. It will also ensure it does not procure natural gas from sanctioned entities or jurisdictions. Minister-in-charge of Energy and Science & Technology Tan See Leng said this in parliament on Thursday (Nov 6) in reply to an MP’s questions.
Singapore GasCo was set up by the government to centralise the procurement of natural gas for the country’s power sector. It will build and maintain a diversified and resilient gas supply portfolio to enhance gas security and mitigate gas price volatility. It will also ensure it does not procure natural gas from sanctioned entities or jurisdictions. Minister-in-charge of Energy and Science & Technology Tan See Leng said this in parliament on Thursday (Nov 6) in reply to an MP’s questions.
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