Singapore may offer LNG storage tanks for trade

Reuters Africa, 7 Sep 2010
SINGAPORE, Sept 7 (Reuters) - Singapore could lease out storage for trade at its upcoming liquefied natural gas (LNG) import terminal if demand in the city-state fails to absorb capacity for incoming shipments, a top energy official said on Tuesday.
Singapore is building a $1.05 billion import facility for LNG, which is gas chilled to its liquid form, to help meet rising demand for the fuel from power and industry. Neighbours Malaysia and Indonesia supply Singapore with gas, but have no capacity to boost exports. Full story