Gate News message, April 20 — Singapore is purchasing additional liquefied natural gas (LNG) from alternative suppliers as the Middle East conflict disrupts shipments of the fuel used to generate electricity in the country. The Energy Market Authority (EMA) said some LNG shipments from the Middle East have been affected by the ongoing conflict. Singapore GasCo, established in 2025 to centralize natural gas procurement and supply, is making the purchases to ensure sufficient fuel to meet demand.
Around a fifth of global LNG previously flowed through the Strait of Hormuz before the conflict, with supplies now disrupted. Qatar’s Ras Laffan plant, the world’s largest LNG export facility, has suffered significant damage and suspended operations since March. Gas imports from Qatar made up less than 10 percent of Singapore’s electricity needs before the conflict. Singapore imports natural gas to meet approximately 95 percent of its electricity needs, with 40 percent coming via pipelines from Malaysia and Indonesia in 2025, and the remainder supplied by sea from markets worldwide.
Electricity and gas tariffs have risen in the April-June quarter due to climbing fuel prices, with the EMA warning of further and potentially sharper increases later in 2026. The Uniform Singapore Energy Price, a measure of wholesale prices, reached its highest level since June 2025 during the week of April 12 to 18, driven primarily by tightened supply. The Government has not yet tapped its LNG and diesel energy stockpiles. The EMA is pursuing a diversified energy approach, including renewable electricity imports and exploring low-carbon alternatives such as advanced nuclear, geothermal, hydrogen, and ammonia technologies, and has awarded conditional approvals to more than 8 gigawatts of proposed electricity import projects.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Crude Oil Prices Surge on U.S. Seizure of Iranian Vessel: Brent Up 5%, WTI Up 6%
Crude oil prices surged on April 19 after U.S. forces seized an Iranian-flagged vessel in the Gulf of Oman, raising supply disruption fears. Iran threatened to restrict access through the Strait of Hormuz, amid escalating tensions and potential impacts on global inflation and markets.
GateNews1h ago
Major SOL Short Seller Opens $18M Leveraged Long Position in Brent Oil on Hyperliquid
Gate News message, the largest on-chain SOL short position holder has opened a long position in oil. Over the past 10 hours, the trader deposited 9 million USDC into Hyperliquid and opened a 3x leveraged long position on 200,687 BRENTOIL, valued at $18.08 million. The trader continues to maintain a
GateNews1h ago
Tensions around the Strait of Hormuz have been fluctuating, and Bitcoin falls below $74,000
The Strait of Hormuz blockade triggers a major shock in the crypto market: after Bitcoin first breaks above $78,000, it then falls back to $74,000, and the market remains in panic. This article provides an in-depth analysis of the transmission mechanism between geopolitical shocks and crypto market price action.
GateInstantTrends2h ago
Philippines' DOE Sets Uniform Pump Price Adjustments Amid Middle East Crisis
The Philippines' DOE has implemented regulations on fuel price adjustments amid rising costs due to the Middle East conflict, granting the government authority to set minimum and maximum prices to curb profiteering. A significant rollback in fuel prices is set for April 21.
GateNews2h ago
Chinese Lithium Enterprises in Zimbabwe Obtain Export Permits for Lithium Concentrate
Multiple Chinese lithium companies in Zimbabwe have secured export permits for lithium concentrate. Huayou Cobalt's president announced that export procedures are underway, with shipments to China expected to take three months. Potential shortages in Guangxi lithium supply may arise but are not anticipated to significantly impact operations.
GateNews2h ago
Iran War Drives China to Record US Ethane Imports, Deepening Energy Dependence
China is poised to import a record 800,000 tons of US ethane in April due to supply disruptions from the Middle East. The shift to ethane stems from the closure of the Strait of Hormuz, affecting naphtha and LPG imports. This surge aligns with new production capacities and upcoming US-China talks.
GateNews4h ago