Singapore LNG Corp., the island state’s importer of liquefied natural gas, received its first cargo and will use the spot shipment from Qatar to start operations next quarter.
“The first commissioning LNG cargo arrived at the Singapore LNG terminal on March 27, 2013,” Simon Ang, a company spokesman, said in an e-mailed statement today. “This LNG cargo will be used to cool down and commission the LNG terminal, to get it ready for full and continuous operations by the second quarter of 2013.”
Singapore, vying to become Asia’s hub for trading LNG, has no long-term supply contract with Qatar, the world’s largest producer of natural gas chilled to liquid form for shipping, according to data compiled by Bloomberg. The Energy Market Authority, Singapore’s regulator, agreed in 2008 to import LNG from BG Group Plc (BG/) over 10 years.
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