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Sunday, July 4, 2010

S'pore to import gas: MM

Minister Mentor Lee Kuan Yew confirmed the country's plans to diversify its gas supply, currently made up of gas piped in from Malaysia and Indonesia, during a dialogue session on Tuesday.

The partnership with Qatar, the world's biggest natural gas producer, comes amid uncertainties with the current suppliers, said Mr Lee during the session, which was part of the Singapore International Water Week and World Cities Summit 2010.

'We are buying gas from our neighbours, they are thinking of upping the price in spite of the contract,' he said to an audience of 700 senior officials and delegates. MORE

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