Mon, Mar 2, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

Temasek racing Exxon to build biggest LNG stash: Southeast Asia

Posted on 18 July 2013

A Temasek Holdings Pte unit is up against Exxon Mobil Corp. and Royal Dutch Shell Plc (RDSA) in a contest to fill storage that will hold three times as much liquefied natural gas as Singapore will consume this year.
The city-state’s Energy Market Authority is seeking proposals through the end of July for stocking a 9 million metric-ton LNG terminal. The threefold expansion will allow Singapore to offer last-minute deliveries, or spot cargoes, to buyers in Asia seeking an alternative to long-term contracts linked to oil………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15819 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« Feb    
 1
2345678
9101112131415
16171819202122
23242526272829
3031