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Singapore expects all parties to honour commercial gas contracts, says PM Wong after Indonesia cut exports
🇸🇬 Singapore · Economy · Singapore · 14 h ago
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24.10 01:54 UTC
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In 2022, Jakarta agreed to extend gas supplies to Singapore until 2028, but at lower volumes than under the previous contract.
“I am also perhaps thinking of not extending gas exports to neighbouring countries because we have to survive and meet domestic needs,” he told reporters after a Cabinet meeting in Jakarta.
The reduction affects gas supplied through pipelines from Natuna and Sumatra, and comes just days after Energy and Mineral Resources Minister Bahlil Lahadalia raised the possibility of halting gas exports to neighbouring countries.
SKK Migas chief Djoko Siswanto said the reductions would take effect on Oct 24, with the cuts in Sumatra coming from the Jambi Merang gas field.
The reduction is equivalent to about 8 per cent of the pipeline gas Indonesia exported to Singapore in 2024, based on figures from the US Energy Information Administration.
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