Indonesia gas cuts: Singapore's importer will take 'necessary steps' to protect rights, interests under contract, says PM Wong
Piped gas supplies between Singapore and Indonesia are covered by commercial contracts and the Republic expects all parties to honour their commitments, said Prime Minister Lawrence Wong."Singapore’s gas importer will take the necessary steps to protect its rights and interests under these contracts," said PM Wong at the People's Action Party's (PAP) convention held at Singapore Expo on Sunday (Oct 25).Indonesia is one of the main sources for natural gas imports for Singapore, with current contracts between the two countries expiring in end-2028.On Saturday, the Energy Market Authority said in response to Indonesia's export cuts that the total reduction of 17 billion British thermal units per day (btud) over a period of 18 days amounts to less than 2 per cent of the country's total daily gas demand of more than 1,000 bbtud.Diversification of import sourcesContracts and cuts aside, PM Wong said Singapore has been preparing for such risks.