EMA, KOGAS to look into joint procurement of LNG

The deal aims to strengthen Singapore’s LNG supply and energy security.

The Energy Market Authority (EMA) has expanded its partnership with Korea Gas Corporation (KOGAS) with the signing of a memorandum of understanding that will allow both parties to explore the joint procurement of liquefied natural gas (LNG).

EMA said the deal, signed on October 8, would strengthen Singapore's LNG supply and energy security, as natural gas remains a key part of the city-state's energy mix during the transition.

“This partnership with KOGAS is an important one for us in enhancing our knowledge and expertise in the management and procurement of LNG supply. Joint procurement with other LNG buyers can potentially bring benefits to all parties such as better contract terms and pricing,” said EMA Chief Executive Puah Kok Keong.

Prior to this, EMA and KOGAS signed another deal in June for the exchange of knowledge and best practices regarding LNG procurement and supply chain management.

Follow the link for more news on

Energy Market Authority

A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia