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Singapore launches Singapore GasCo to centralize and secure natural gas supplies for power.
Singapore has launched a new government-owned company, Singapore GasCo, to centralize natural gas procurement and ensure stable, competitive prices for the country’s power sector.
Led by energy veteran Alan Heng, the company will negotiate better terms and diversify gas sources to support Singapore’s energy security and transition to sustainable power.
Natural gas currently supplies about 95% of the country's electricity needs.
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Singapur lanza Singapore GasCo para centralizar y asegurar los suministros de gas natural para la generación de energía.