Indonesia gas supply cut unlikely to have much impact on Singapore electricity prices in short term: Tan See Leng

Global gas prices are a bigger factor in costs, says Minister for Energy, Trade and Industry (Energy and Industry) Tan See Leng.

Minister for Energy, Trade and Industry (Energy and Industry) Tan See Leng speaking on Oct 25, 2026, after the PAP Party Awards and Conference.(Photo: CNA/Syamil Sapari)

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SINGAPORE: Electricity prices in the short term are unlikely to be affected by Indonesia cutting natural gas exports to Singapore, said Minister for Energy, Trade and Industry (Energy and Industry) Tan See Leng on Sunday (Oct 25).

Speaking to reporters after the People’s Action Party (PAP) conference, Dr Tan reiterated the reduction only amounts to less than 2 per cent of Singapore’s total daily gas needs.

"In the short term, the prices would not really affect that much. In fact, if anything at all, we should be looking at the world prices because a lot of our gas, the unit price is actually pegged to the movement of some of the key global index itself," he said.

"We have always looked at energy as a very critical part of our entire country's economy, sustainability, and also our survival. Energy is existential for all of us, so we have put in place contingency measures, insurance measures, to ensure that our energy supply is diversified."

Indonesia on Saturday began reducing natural gas exports to Singapore, in order to divert more supplies to domestic electricity needs.

In response to media queries, an EMA spokesperson said on Saturday the total reduction of 31 million standard cubic feet of gas a day amounts to 17 British thermal units per day over a period of 18 days.

Dr Tan added that Singapore has multiple layers of defence in place, including diversifying sources of natural gas from around the world, maintaining its standby LNG facility, and ensuring that Singapore Gas Co is ready to import more LNG whenever required.

"I would like to urge all of our fellow Singaporeans: keep calm and carry on. We have dealt seamlessly with such reductions in the past, without any incident, and the government will continue to ensure the reliability and the resilience of Singapore's energy supply," he said.

Beyond gas, Singapore is also looking at alternative energy sources, including biomethane, geothermal and solar. It is also studying the use of nuclear energy, although no decision has been made on that yet.

Prime Minister Lawrence Wong said at the conference on Sunday that Singapore expects all parties who have signed commercial gas contracts to “honour their commitments”.

He added that Singapore’s gas importer will take the necessary steps to protect its rights and interests.

Singapore imports natural gas through pipelines from Indonesia and Malaysia, as well as liquefied natural gas (LNG) shipped in from international suppliers.

In 2025, piped natural gas accounted for 43 per cent of Singapore's total gas imports, while LNG made up the remaining 57 per cent.

Dr Tan added that Singapore has very good relations with Indonesia at the highest level of government, particularly between President Prabowo Subianto and Mr Wong.

This was built through "many, many decades of very good, solid partnerships", said Dr Tan.

"We understand that they may have some domestic supply needs and bottlenecks, which we can understand," he added.

"The exact details moving forward, I think these are still early days, and we will continue to monitor the situation very closely."

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能源、贸易和工业部长（能源和工业）陈思龙表示，全球天然气价格是成本中一个更大的因素。

能源、贸易及工业部长（能源及工业）陈诗龙于2026年10月25日在人民行动党颁奖典礼暨大会后发表讲话。（图片：CNA/Syamil Sapari）

这段音频是由人工智能工具生成的。

新加坡：能源、贸易和工业部长（能源和工业）陈思龙周日（10月25日）表示，印尼削减对新加坡的天然气出口不太可能对短期内的电价产生影响。

在人民行动党（PAP）大会结束后，陈医生在接受记者采访时重申，此次减量仅占新加坡每日天然气总需求的不到 2%。

“短期内，价格不会产生太大影响。事实上，如果真要说有什么影响的话，我们应该关注的是世界价格，因为我们很多天然气的单价实际上是与一些关键的全球指数的走势挂钩的，”他说。

“我们一直将能源视为我国经济、可持续发展乃至生存的关键组成部分。能源对我们所有人来说都至关重要，因此我们制定了应急措施和保障措施，以确保能源供应多元化。”

印尼周六开始减少对新加坡的天然气出口，以便将更多天然气供应用于满足国内电力需求。

针对媒体的询问，欧洲能源管理署（EMA）发言人周六表示，每天减少 3100 万标准立方英尺天然气，相当于 18 天内每天减少 17 英热单位。

陈博士补充说，新加坡已采取多层防御措施，包括使天然气来源多样化，从世界各地进口天然气，维护其备用液化天然气设施，并确保新加坡天然气公司随时准备进口更多液化天然气。

“我想呼吁所有新加坡同胞：保持冷静，继续前行。过去我们曾顺利应对过类似的减产，没有发生任何事故，政府将继续确保新加坡能源供应的可靠性和韧性。”他说道。

除了天然气，新加坡还在探索其他替代能源，包括生物甲烷、地热能和太阳能。新加坡也在研究利用核能，但尚未就此做出决定。

新加坡总理黄循财在周日的会议上表示，新加坡希望所有签署商业天然气合同的各方“履行其承诺”。

他还补充说，新加坡天然气进口商将采取必要措施保护自身权益。

新加坡通过管道从印度尼西亚和马来西亚进口天然气，也从国际供应商进口液化天然气（LNG）。

到 2025 年，管道天然气占新加坡天然气进口总量的 43%，液化天然气占剩余的 57%。

陈医生补充说，新加坡与印度尼西亚最高政府层面的关系非常好，特别是普拉博沃·苏比安托总统和黄之锋先生之间的关系。

谭博士说，这是“几十年来非常良好、稳固的合作关系”建立起来的。

“我们理解他们可能存在一些国内供应需求和瓶颈，这一点我们可以理解，”他补充道。

“至于后续的具体细节，我认为现在还为时尚早，我们将继续密切关注事态发展。”

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