Singapore LNG Corporation (SLNG) has agreed to charter from a unit of Japan's Mitsui O.S.K. Lines (MOL) a newly built floating storage and regasification unit (FSRU) as the island nation's second import terminal for liquefied natural gas (LNG).

Singapore LNG (SLNG) has entered into an agreement to charter an FSRU from a subsidiary of Japan's Mitsui OSK Lines (MOL) for Singapore's second liquefied natural gas (LNG) import terminal. The new vessel will feature a storage capacity of 200,

THE Singapore LNG Corporation (SLNG) has inked agreements with Mitsui OSK Lines (MOL), Jurong Port and Wood group in relation with the second Singapore liquefied natural gas (LNG) terminal which will be a floating terminal.

Partners have opted for a new size of regas unit that will boost the island’s total import capacity to 15 mtpa

The parties will collaborate on a Floating Storage and Regasification Unit. Singapore LNG Corporation (SLNG) has tapped Mitsui O.S.K. Lines (MOL) group, Jurong Port, and Wood plc (Wood) group for the development of the city-state's second LNG terminal.

Singapore is to expand its LNG receiving facilities with a second terminal in the shape of a floating storage and regasification unit (FSRU) at Jurong Port.