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2 clusters · 4 sources · 3 days · First seen · Last updated

Global LNG infrastructure expansion

Overview

Global liquefied natural gas (LNG) infrastructure is undergoing expansion driven by rising demand and new fuel technologies. In Singapore, Singapore LNG Corporation has begun constructing a third jetty at its Jurong Island terminal. Expected to be completed in the second half of 2028, the facility will support approximately 2 million tonnes per annum of LNG bunkering demand and is equipped to handle bio-LNG.

Broader industry trends show increased investment and interest in LNG projects. In Singapore, Equatorial Marine Fuel Management plans to reinvest profits into infrastructure to prepare for a projected surge in demand starting in 2028. Meanwhile, in Cyprus, eight companies have expressed interest in a €180 million project to complete the LNG import terminal at Vasilikos, with contract awards expected by summer 2027.

Entities

Shell · DEFA · Jurong Island · Equatorial Marine Fuel Management · Singapore

Timeline

  1. [BUSINESS] 2 sources
    LNG infrastructure projects see increased investment and interest

    Equatorial Marine Fuel Management is expanding LNG infrastructure in Singapore, while eight firms have bid for a €180 million LNG terminal project in Vasilikos, Cyprus.

  2. [BUSINESS] 2 sources
    Singapore LNG Corporation begins construction of third jetty

    Singapore LNG Corporation has begun building a third jetty at Jurong Island to expand bunkering capacity, while Shell has delivered the nation's first ISCC EU-certified bio-LNG cargo.

Sources

dialogos.com.cy · energymag.gr · lngprime.com · shipandbunker.com