Commodities trading company Trafigura and Singapore LNG Corporation have signed a storage agreement to utilise excess capacity within the Singapore LNG terminal on Jurong Island.
SLNG developed and built Singapore’s first liquefied natural gas (LNG) terminal on Jurong Island, which has been operating since May 2013.
Its core businesses include providing LNG terminalling, storage, regasification and send out services, as well as vessel cool-down and storage and reload services.
”SLNG is very pleased to offer our Storage & Reload services to multinational commodity trading house, Trafigura. This agreement will not only allow our company to better optimise the use of the spare capacity at our terminal, it is also a step forward in facilitating LNG trading out of Singapore,” said John Ng, Chief Executive Officer at SLNG.