Singapore warns of energy supply risks as regional resource nationalism rises
Energy Minister Tan See Leng said Singapore could face more gas disruptions because neighbouring countries may prioritize domestic needs, a trend he called “resource nationalism.”
At the opening keynote of Singapore International Energy Week, Energy Minister Tan See Leng warned that “resource nationalism” could increase the risk of energy supply interruptions for Singapore, as countries may favor their own consumption during crises. He cited Indonesia’s decision to reduce natural gas exports to Singapore, a cut that accounts for under 2% of the city-state’s daily gas needs, and said authorities are reviewing whether the move breaches existing contracts.
Tan reassured that past disruptions were handled without incident thanks to long-term resilience measures. He outlined plans to broaden supply options, noting Singapore GasCo’s upcoming request for proposals for gas beyond 2028 and its intent to award contracts next year. The minister also mentioned potential collaboration with Thai energy firm PTT to optimise LNG supplies, emphasizing that reliability will be a key selection criterion.
Why it matters
Supply disruptions could raise energy costs and deter investment in Singapore’s power sector.
In this story
