Insight
Gasco: Singapore's strategic shift to centralised gas procurement
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Singapore's gas market is undergoing significant reform following the establishment of Singapore GasCo Pte Ltd (Gasco) in May 2025. Gasco's primary purpose is centralising the procurement and supply of natural gas to Singapore's power generation sector, positioning the entity as a central pillar of Singapore's energy security framework. Read our comprehensive insight, which examines the following key topics: What drove EMA to create a centralised entity for the power sector? How does Gasco plan to strengthen energy supply stability? How will Gasco transform Singapore's gas procurement landscape?
Table of contents
- Pipeline import volumes decline and extension uncertainties:
- Decentralised gas procurement threatens energy security:
- Volatile electricity prices and exit of power retailers:
- Introduction of Gasco:
- Gasco’s key responsibilities include:
- Benefits of a centralised procurement:
- New framework for market structure for the power sector:
- Pricing framework:
- Role of existing licensees:
- Scale of LNG procurement by Gasco:
- Steps taken after the announcement of Gasco:
Tables and charts
This report includes the following images and tables:
- Share of pipeline and LNG imports in gas supply mix
- Installed gas generation capacity
- Monthly Uniform Singapore Energy Price
- Contractual LNG volumes available to Singapore
- Estimated Gasco contractual capacity
What's included
This report contains:
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