Singapore expects all parties who have signed commercial contracts for gas supplies to “honour their commitments”, said Prime Minister Lawrence Wong on Sunday after Indonesia cut its exports.
Speaking at the People’s Action Party (PAP) convention, Wong added that Singapore’s gas importer will take the necessary steps to protect its rights and interests.
Indonesia began reducing natural gas exports to Singapore on Saturday. Indonesia’s upstream oil and gas regulator SKK Migas said the move was to divert more supplies to domestic electricity needs.
Singapore’s Energy Market Authority said the reduction of 31 million standard cubic feet of gas a day amounts to less than 2 per cent of Singapore’s total daily gas demand.